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
Photo
Photo
Photo
Photo
See all photos

$399,900

For Sale - Active
7886 Cameron Cir, Fort Myers, FL 33912
4 Beds
2 Baths
1,989 Square Feet
0.00 Acres Lot
Built in 1996
For Sale - Active
Units n/a
Checked: 22 hours ago
Updated: Jun 03, 2025 at 11:45PM

Investment Summary


Monthly Cash Flow
-$537
Cap Rate
4.7%
Cash-on-Cash Return
-7.0%
Debt Coverage Ratio
0.74
Internal Rate of Return (5 years)
-2.8%

Property Description


0.00 Acres Lot
Built in 1996
For Sale - Active
Units n/a

Move in ready, immaculate, full of sunlight 4 bed, 2 bath, private fully fenced side and back yard home in the best location in Ft. Myers. Colony Pointe, right off Daniel's Parkway, is close to everything. Shopping, restaurants, I75, the hospital are all within a mile and a half. LOW association fees, beautiful community pool and well-equipped gym included. Big kitchen with an island and breakfast bar, lots of cabinets. Updated bathrooms. Newer A/c, new roof and newly painted. Master bedroom en suite, incl. bidet and walk in closet. This one is a rare find at this price...

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): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Stories: 1

Exterior Features

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

HOA

  • Has HOA: Yes
  • HOA Fee: $525/quarterly

Land Information

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

Lot Information

  • Parcel ID: 204525150000A.0050
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Other, Ranch, One Story
  • Year Built: 1996

Tax Information

  • Annual Tax: $2,271

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Location

  • County: Lee

Listing Details


Listed by:
Andy Lutkoff
LocateHomes.com
(239) 770-0253

Source:
Florida Gulf Coast Multiple Listing Service
MLS#: 224104625
Florida Gulf Coast Multiple Listing Service

Investment Summary


Monthly Cash Flow
-$537
Cap Rate
4.7%
Cash-on-Cash Return
-7.0%
Debt Coverage Ratio
0.74
Internal Rate of Return (5 years)
-2.8%

Purchase Details

Find an Agent

Purchase price:
$399,900
Amount financed:
-$319,920
Down payment:
$79,980
Closing costs:
$11,997
Rehab costs:
$0
Initial cash invested:
$91,977
Square feet:
1,989
Cost per square foot:
$201
Monthly rent per square foot:
$1.41

Financing Details

Find a Lender

Loan amount:
$319,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.890%
Principal & interest:
$2,105
Property tax:
$189
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,490

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (7%)
7%-$189-$2,271
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (6%)
6%-$175-$2,100
Total operating expenses: (38%)
38%-$1,064-$12,771

Cash Flow


Monthly Yearly
Net operating income:
$1,568 $18,816
Mortgage payments:
-$2,105 -$25,260
Cash flow:
$537 $6,444