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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 -28.76% first-year return on $320k initial cash invested.

-28.76%

Cash On Cash

-0.21%

Cap Rate

-0.03

DSCR

$3,070

Rent

-$7,673

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,070 income − $10,743 expenses = $7,673 out of pocket

Income$3,070Out of Pocket$7,673Mortgage P&I$7,299238%Property Taxes$1,52750%Insurance$42014%HOA$231%Management$46015%CapEx$1234%Maintenance$1234%Other$76825%

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

$3,070

Total Expenses

$10,743

Mortgage P&I

238%

$7,299

Property Taxes

50%

$1,527

Home Insurance

14%

$420

HOA

1%

$23

Property Management

15%

$460

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$768

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