1721 Cascade Way North Fort Myers, Florida, 33917
3 bed • 2 bath • 9 guests
Est. $2,206/mo
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Airbnb Investor Score
-$6,190
Annual Profit
5.4%
Cap Rate
-5.4%
Cash on Cash
$44,268
Annual Revenue
This property is projected to be in the top 47% revenue percentile compared to similar properties nearby.
Projected nightly rate is $235/night at 52% occupancy.Projected nightly rate is $202/night at 60% occupancy.
Top 51% of comparables
Top 33% of comparables
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$46,764
Avg annual revenue
60%
Avg occupancy rate
$202
Avg nightly rate
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Revenue per year
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-$6,191
Profit
Revenue
$44,268
Operating Expenses
$19,435
Operating Income
$24,833
Mortgage & Taxes
$31,023
Profit (Cash Flow)
-$6,191
$114,277
Cash Investment
Down Payment
$91,980
Renos & Furnishing
$8,500
Closing Costs
$13,797
Total
$114,277
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-5.41%
Cap Rate
5.39%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$21,827
Deductible property tax
$4,553
Your total deduction
$52,925
Your adjusted annual income
$150,000 - $52,925 = $97,075
Taxes on $97,075 (30%)
$29,122
Your old tax bill
$45,000
Your new tax bill
$29,122
Estimated tax savings
$15,878
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
10,018 sqft
Year built:
1974
Size:
1,520 sqft
Type:
SINGLE_FAMILY
Parking:
2
Heating:
Central
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: 1
- Lot size: 10,018 sqft
- Building area: 1,520 sqft
- Garage: Yes
- Heating: Central
- Pool: Yes
- Fireplaces: -
- Basement: No
- Cooling: Ceiling Fan(s), Central Air
- View: Canal, Landscaped Area, Water
- Parking: Driveway, Golf Cart, Paved, RV-Boat, On Street, Attached
- Amenities: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Washer
- Price per square foot: $286
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 2943250300000.1690
- Flood Zone: Yes, Zone High risk: Special Flood Hazard Area (SFHA), high flood risk
Tax Info
- Year Assessed: 2024
- Assessed Value: $378,637
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -
Schools
- Elementary School: Bayshore Elementary School with 5/10 star rating
- High School: Riverdale High School with 4/10 star rating