$2,725,000
Investment Summary
- Monthly Cash Flow
- -$8,074
- Cap Rate
- 2.7%
- Cash-on-Cash Return
- -15.5%
- Debt Coverage Ratio
- 0.43
- Internal Rate of Return (5 years)
- -11.0%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Experience luxury and coastal elegance in this beautifully staged, brand-new estate home in Ardena—one of Naples’ most exclusive low-density communities. The recently staged home invites you to envision your future here, and the furnishings are available for separate purchase if desired. This never-lived-in, two-story residence showcases the highly sought-after Layton floor plan, offering over 4,020 sq. ft. of sophisticated living space. It features four spacious bedrooms, four full bathrooms plus a convenient pool bath, a private den, and a large bonus room—designed for both comfort and versatility. The striking modern coastal exterior includes a metal roof, white stucco façade, and Bahama-style black shutters. Inside, the gourmet kitchen is a chef’s dream, outfitted with white shaker cabinetry, an espresso island, KitchenAid stainless steel appliances, a gas cooktop, double ovens, and a built-in microwave. An oversized quartz island and custom walk-in pantry add functionality and style, while gold fixtures and under-cabinet lighting elevate the design. The open-concept layout seamlessly connects the kitchen to the great room, which features coffered ceilings, recessed lighting, elegant oak wood flooring, and crisp white-trim baseboards. The breakfast nook overlooks the serene pool and pond—perfect for morning coffee with a view. Retreat to the first-floor primary suite with tray ceilings, a charming bay window, and a spa-inspired ensuite bath. Luxurious finishes include quartz countertops, dual sinks, a freestanding tub, and a frameless shower with designer porcelain tile. The walk-in closet is customized with built-in cabinetry for organization and style. Upstairs, a bonus room with a wet bar provides ideal space for entertaining, while an additional bedroom and full bath suite are perfect for guests or extended family. Other highlights include a first-floor den, a spacious laundry room with Whirlpool appliances and a utility sink, and a three-car garage with epoxy floors and attic storage. This home is set on a premium lot with unobstructed pond views, offering ultimate privacy and tranquility. Outdoor living is a dream with a private eastern-facing screened lanai, saltwater pool and spa with waterfall feature, and a roughed-in outdoor kitchen. A dedicated pool bath adds convenience for alfresco entertaining. Built with Smart Home technology, impact-resistant windows, hurricane-resistant construction, and a tankless water heater, the home offers modern efficiency and peace of mind. A wireless remote system for the pool/spa and a full security system are included, along with a 10-year structural warranty from Pulte Homes. Ardena features just 77 estate home sites, low HOA fees, no CDD, and a gated entry. Located within A-rated school zones and just 2.5 miles west of I-75, you'll enjoy quick access to Naples’ world-class shopping, dining, and pristine beaches.
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Location
Property Details
Parking
- Description: Attached, Driveway, Garage, Paved, GarageDoorOpener
- Details: Attached, Driveway, Garage, Paved, Garage Door Opener
- Garage Spaces: 3
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 4
- # of Baths (Partial): 1
- # of Baths (Total): 5.0
Interior Features
- # of Rooms: 6
- # of Stories: 2
Exterior Features
- Roof Material: Metal
- Pool: Yes
HOA
- Has HOA: Yes
- HOA Fee: $1,098/quarterly
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 22358001483
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Two Story
- Year Built: 2023
Tax Information
- Annual Tax: $13,992
Utilities
- Water & Sewer: Public
- Heating: Central, Electric
- Cooling: Central Air, Gas
Location
- County: Collier
Listing Details
Investment Summary
- Monthly Cash Flow
- -$8,074
- Cap Rate
- 2.7%
- Cash-on-Cash Return
- -15.5%
- Debt Coverage Ratio
- 0.43
- Internal Rate of Return (5 years)
- -11.0%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $2,725,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$2,180,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $545,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $81,750 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $626,750 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 4,020 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $678 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $2.79 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $2,180,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 6.840% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $14,270 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $1,166 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $784 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $16,220 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $11,200 | $134,400 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$672 | -$8,064 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $10,528 | $126,336 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 10% | -$1,166 | -$13,992 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$784 | -$9,408 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$896 | -$10,752 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$560 | -$6,720 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$560 | -$6,720 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | 3% | -$366 | -$4,392 |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 39% | -$4,332 | -$51,984 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $6,196 | $74,352 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$14,270 | -$171,240 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $8,074 | $96,888 |