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9007 Mockingbird Dr, Sanibel, FL 33957

3 beds • 3 baths • 3664 sqft

$1,439,000

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This property looks like a bad Airbnb investment with a projected -27.61% first-year return on $320k initial cash invested.

-27.61%

Cash On Cash

0.07%

Cap Rate

0.01

DSCR

$3,658

Rent

-$7,366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,658 income − $11,024 expenses = $7,366 out of pocket

Income$3,658Out of Pocket$7,366Mortgage P&I$7,299200%Property Taxes$1,52742%Insurance$42011%HOA$231%Management$54915%CapEx$1464%Maintenance$1464%Other$91425%

Investment Breakdown

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Purchase Price

$1439k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$320k

Downpayment

20%

$288k

Closing costs

1%

$14,390

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,658

Total Expenses

$11,024

Mortgage P&I

200%

$7,299

Property Taxes

42%

$1,527

Home Insurance

11%

$420

HOA

1%

$23

Property Management

15%

$549

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$914

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