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8720 Westwood Oaks Pl, Fort Myers, FL 33908

3 beds • 4 baths • 2647 sqft

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This property looks like a bad Airbnb investment with a projected -17.78% first-year return on $137k initial cash invested.

-17.78%

Cash On Cash

1.79%

Cap Rate

0.31

DSCR

$2,878

Rent

-$2,023

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,878 income − $4,901 expenses = $2,023 out of pocket

Income$2,878Out of Pocket$2,023Mortgage P&I$2,75196%Property Taxes$33412%Insurance$2067%HOA$2288%Management$43215%CapEx$1154%Maintenance$1154%Other$72025%

Investment Breakdown

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Purchase Price

$564k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,643

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,878

Total Expenses

$4,901

Mortgage P&I

96%

$2,751

Property Taxes

12%

$334

Home Insurance

7%

$206

HOA

8%

$228

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

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