1599 Grove AVE4 beds · 2 bathsCash flow
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1599 Grove AVE
Fort Myers, FL 339014 beds · 2 bathsSleeps 10
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- Cash flow
- Estimated revenue
- Cash-on-cash
- Cap rate
Airbnb Calculator
Fort Myers, FL 339014 beds · 2 bathsSleeps 10
Finding nearby Airbnbs to compare…
Fort Myers, FL 339014 beds2 bathsSleeps 10
Estimated from 10 nearby Airbnbs, typically 3.1 mi awayHow we estimate
Starts to cash-flow at about $427k with 25% down
It would earn about $49,427 a year, with $26,193 of operating costs and a $2,588 monthly mortgage (25% down at 7%). The rent doesn't cover the costs and the loan.
Chalet AI
Every number below is an assumption you can change. The page updates as you type, and the link keeps your changes.
63% of nights booked at $308
Gross revenue
$49,427 a year
Nearby estimate: 63% · ~230 nights
Nearby estimate: $308
3% Airbnb host fee and 10% management, of revenue
Airbnb host fee
Share of revenue
−$1,483 a year
Property management
Share of revenue. 0% if you self-manage
−$4,943 a year
Property tax, insurance, utilities, maintenance and an STR license
Property tax
Share of price, per year
−$5,187 a year
Insurance
Default: 0.5% of price
−$2,594 a year
Utilities and internet
Default for this size: $550 a month
−$6,600 a year
Maintenance
Share of price, per year
−$5,187 a year
HOA
$0 a year
STR license and permits
−$200 a year
25% down at 7% over 30 years
Down payment
$129,675 of the price
Interest rate
Default: 7%
Loan term
Mortgage payment
$2,588 a month on a $389,025 loan
−$31,058 a year
Cash flow
-16%−$652 a month
Paid once: down payment, closing costs and furnishing
Down payment
$129,675 a year
Closing costs
Share of price
$5,187 a year
Furnishing and setup
$20,000 a year
That's the middle half of the 10 Airbnbs this estimate comes from, typically 3.1 miles away. Revenue and occupancy are Chalet's estimates from each listing's observed bookings.
For the bigger picture, see Fort Myers, FL Airbnb market data.
Over 5 years, then a sale. Assumes the home gains 5% a year, revenue grows 1.5% a year, owning costs grow 3% a year, and 6% selling costs. A projection, not a promise.
Short-term rental owners who materially participate can often deduct a large share of the price in year one through cost segregation. Switch it on to see an estimate.
Keep this analysis of 1599 Grove AVE, with your changes.
Disclaimer. This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.
Zestimate® provided as is via the Zillow Zestimate API. © Zillow, Inc., 2006–2026. Use is subject to Terms of Use.
