$2,650,000
Investment Summary
- Monthly Cash Flow
- -$10,285
- Cap Rate
- 1.5%
- Cash-on-Cash Return
- -20.2%
- Debt Coverage Ratio
- 0.24
- Internal Rate of Return (5 years)
- -15.6%
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
A rare opportunity to own a newer construction luxury estate home in the highly sought-after San Carlos Estates, Bonita Springs—a private 1.25-acre retreat where modern sophistication meets resort-style living. Perfectly positioned on Dietz Drive, the most desirable street in the neighborhood, this home enjoys a preferred west-facing orientation for stunning sunset views. Dietz is the only street with streetlights, offering a true neighborhood feel near Old 41—close to everything, yet quietly removed from road noise. Located near the end of the street, surrounded by other high-end new builds, this property offers unmatched privacy and exclusivity. Built to the latest codes, the property is high and dry with extensive fill brought in before construction and is not in a flood zone or required to carry flood insurance—providing peace of mind and long-term value. With 3,054 sq ft under air (5,336 total), this open-concept residence features three bedrooms plus a dedicated office, three full baths, a great room, formal dining room, and a rare four-car garage. A wall of 10-foot sliding glass doors spans 16 feet, creating a seamless flow to the stunning outdoor oasis. Designed for effortless entertaining, the chef’s kitchen includes over $40K in Thermador appliances, a large quartz waterfall island, and white shaker cabinetry with abundant storage. A stylish dry bar with built-in wine refrigerator complements the space, while a complete summer kitchen takes the party outdoors. The fully automated custom pool and spa boast a negative-edge 360° spillover spa, sun shelf, LED-lit bubblers, and 3 sheer descent waterfalls. Adjacent to the pool, a private infrared sauna and cold plunge create a luxurious wellness retreat. The primary suite is a true sanctuary with a large separate sitting area/workspace, oversized freestanding soaking tub, dual vanities with Pompeii quartz, and custom designer lighting. Secondary bedrooms are thoughtfully designed, including a VIP en-suite and a third bedroom that connects to a full bath and can be closed off for guest privacy. Throughout the home, custom design details abound—including ceiling treatments, premium lighting, and architectural touches that elevate the experience. This smart home includes a whole-house Generac generator, security system/cameras, iSmartGate entry, Sonos audio, motorized shades, and much more. Nearly everything can be controlled via smartphone or the in-wall iPad. Additional highlights include two oversized two-car garages, epoxy-coated floors, a built-in TV/fireplace feature wall, and a home office with pool views. The property is fully fenced and gated, professionally landscaped, and includes a pergola, garden, play area, and lush greenery for total seclusion. No HOA restrictions and a prime location, minutes from Coconut Point, endless dining, shopping, and Bonita Beach, this estate offers the perfect blend of luxury, convenience, and privacy. A truly exceptional home that must be experienced.
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Location
Property Details
Parking
- Description: Mixed
- Details: Attached, Circular Driveway, Driveway, Electric Vehicle Charging Station(s), Garage, Golf Cart Garage, Paved, RV Access/Parking, Garage Door Opener
- Garage Spaces: 4
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 3
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Total): 3.0
Interior Features
- # of Stories: 1
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Stucco
- Roof Type: IRR/Cathedral
- Roof Material: Tile
- Pool: Yes
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 154725B100200.1290
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Ranch, One Story
- Year Built: 2020
Tax Information
- Annual Tax: $12,679
Utilities
- Water & Sewer: Public
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
Location
- County: Lee
Listing Details
Investment Summary
- Monthly Cash Flow
- -$10,285
- Cap Rate
- 1.5%
- Cash-on-Cash Return
- -20.2%
- Debt Coverage Ratio
- 0.24
- Internal Rate of Return (5 years)
- -15.6%
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:
| $2,650,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$2,120,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $530,000 |
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:
| $79,500 |
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:
| $609,500 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 3,054 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $868 |
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:
| $2.06 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $2,120,000 |
|---|---|
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:
| 6.625% |
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:
| $13,575 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $1,057 |
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:
| $441 |
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:
| $15,073 |
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:
| $6,300 | $75,600 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$378 | -$4,536 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $5,922 | $71,064 |
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. | 17% | -$1,057 | -$12,679 |
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% | -$441 | -$5,292 |
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% | -$504 | -$6,048 |
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% | -$315 | -$3,780 |
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% | -$315 | -$3,780 |
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. | n/a | n/a | n/a |
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 | 42% | -$2,632 | -$31,579 |
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:
| $3,290 | $39,480 |
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. | -$13,575 | -$162,900 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $10,285 | $123,420 |