Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$640,500

For Sale - Active
16260 Bonita Landing Cir, Bonita Springs, FL 34135
4 Beds
3 Baths
2,032 Square Feet
0.00 Acres Lot
Built in 2020
For Sale - Active
Units n/a
Checked: 23 hours ago
Updated: May 22, 2025 at 12:48PM

Investment Summary


Monthly Cash Flow
-$1,402
Cap Rate
3.7%
Cash-on-Cash Return
-11.4%
Debt Coverage Ratio
0.58
Internal Rate of Return (5 years)
-7.1%

Property Description


0.00 Acres Lot
Built in 2020
For Sale - Active
Units n/a

Welcome to paradise! Lovely Bonita Landing home surrounded by one of the largest lakes in Bonita Springs. This like new property boasts 4 bedrooms, 3 oversized bathrooms and a very large living room off the dining room. The home is in pristine condition and it really shows! The home boasts tile throughout. The kitchen is light and bright and offers light cabinetry and lovely neutral granite. The Master suite is very spacious and the master bath offers an oversized extended shower and vanity area. The other bedrooms and bathrooms are well appointed and are also in like "new" condition. This home boasts a very large spacious private paver lanai area going out onto the heated pool. Located just off Bonita Beach Rd, there is new shopping coming within 1 mile of it's two gates, is within 20 minutes to Bonita Beaches and the airport. This is a community with a tennis court and fees are very affordable. Welcome Home!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Attached, Garage, GarageDoorOpener
  • Details: Attached, Garage, Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Type: IRR/Cathedral
  • Roof Material: Tile
  • Pool: Yes

HOA

  • Has HOA: Yes
  • HOA Fee: $1,145/quarterly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 024826B107000.0400
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch, One Story
  • Year Built: 2020

Tax Information

  • Annual Tax: $5,112

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Location

  • County: Lee

Listing Details


Listed by:
Kathryn Zangrilli
Broker Brothers LLC
(239) 572-2600

Source:
Florida Gulf Coast Multiple Listing Service
MLS#: 225002365
Florida Gulf Coast Multiple Listing Service

Investment Summary


Monthly Cash Flow
-$1,402
Cap Rate
3.7%
Cash-on-Cash Return
-11.4%
Debt Coverage Ratio
0.58
Internal Rate of Return (5 years)
-7.1%

Purchase Details

Find an Agent

Purchase price:
$640,500
Amount financed:
-$512,400
Down payment:
$128,100
Closing costs:
$19,215
Rehab costs:
$0
Initial cash invested:
$147,315
Square feet:
2,032
Cost per square foot:
$315
Monthly rent per square foot:
$1.97

Financing Details

Find a Lender

Loan amount:
$512,400
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$3,354
Property tax:
$426
Insurance:
$280
Private mortgage insurance (PMI):
$0
Monthly payment:
$4,060

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$4,000 $48,000
Vacancy loss: (6%)
6% -$240 -$2,880
Operating income:
$3,760 $45,120

Operating Expenses


% Rent Monthly Yearly
Property taxes: (11%)
11%-$426-$5,113
Insurance: (7%)
7%-$280-$3,360
Property management: (8%)
8%-$320-$3,840
Repairs & maintenance: (5%)
5%-$200-$2,400
Capital expenditures: (5%)
5%-$200-$2,400
HOA fees: (10%)
10%-$382-$4,584
Total operating expenses: (45%)
45%-$1,808-$21,697

Cash Flow


Monthly Yearly
Net operating income:
$1,952 $23,424
Mortgage payments:
-$3,354 -$40,248
Cash flow:
$1,402 $16,824