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$458,500

For Sale - Active
9615 Bexley Dr, Fort Myers, FL 33967
3 Beds
2 Baths
1,566 Square Feet
0.00 Acres Lot
Built in 2018
For Sale - Active
Units n/a
Checked: 17 hours ago
Updated: Jul 31, 2025 at 03:32AM

Investment Summary


Monthly Cash Flow
-$783
Cap Rate
4.1%
Cash-on-Cash Return
-8.9%
Debt Coverage Ratio
0.67
Internal Rate of Return (5 years)
-4.6%

Property Description


0.00 Acres Lot
Built in 2018
For Sale - Active
Units n/a

Escape to paradise in this immaculate, single-story Pulte home nestled in the desirable Westbrook Community of Fort Myers, FL! Built in 2018, this stunning residence sits on a picturesque water lot, offering breathtaking sunset views over a large pond from your private lanai. Meticulously maintained by its original owner, this pet and smoke-free gem boasts an inviting open concept design perfect for entertaining and everyday living. Step inside to discover elegant diagonal tile throughout the entryway, kitchen, living room, den, and dining room, creating a seamless flow. The master bedroom offers a cozy retreat with brand-new carpeting, while upgraded white kitchen cabinets, gleaming granite countertops, and stainless steel appliances elevate the culinary experience. This home features three spacious bedrooms, a versatile den, two beautifully appointed bathrooms, and a convenient two-car extended garage. But the luxury extends beyond your doorstep! The Westbrook Community offers an incredible array of amenities, including a clubhouse with a kitchen and community room, a resort-style pool, a state-of-the-art fitness room, a fun-filled playground, a cozy fire pit, and grilling stations. Enjoy the convenience of being located just minutes from I-75, the Gulf Coast Town Center, Germain Arena, Florida Gulf Coast University (FGCU), Coconut Point Mall, and the Southwest Florida International Airport (SWF). Don't miss this opportunity to live the Florida lifestyle you've always dreamed of!

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Location


Property Details


Parking

  • Description: Attached, Garage
  • Details: Attached, Garage
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 7
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Roof Type: Gable or Hip
  • Roof Material: Tile
  • Pool Community: Yes

HOA

  • Has HOA: Yes
  • HOA Fee: $830/quarterly

Land Information

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

Lot Information

  • Parcel ID: 104625L11100C.3050
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Other, Ranch, One Story
  • Year Built: 2018

Tax Information

  • Annual Tax: $3,554

Utilities

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

Location

  • County: Lee

Listing Details


Listed by:
Joel Parrott
Expert Realty Solutions Inc.
(313) 300-6469

Source:
Florida Gulf Coast Multiple Listing Service
MLS#: 225040449
Florida Gulf Coast Multiple Listing Service

Investment Summary


Monthly Cash Flow
-$783
Cap Rate
4.1%
Cash-on-Cash Return
-8.9%
Debt Coverage Ratio
0.67
Internal Rate of Return (5 years)
-4.6%

Purchase Details

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Purchase price:
$458,500
Amount financed:
-$366,800
Down payment:
$91,700
Closing costs:
$13,755
Rehab costs:
$0
Initial cash invested:
$105,455
Square feet:
1,566
Cost per square foot:
$293
Monthly rent per square foot:
$1.98

Financing Details

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Loan amount:
$366,800
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,349
Property tax:
$296
Insurance:
$217
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,862

Operating Income

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% Rent Monthly Yearly
Gross rent:
$3,100 $37,200
Vacancy loss: (6%)
6% -$186 -$2,232
Operating income:
$2,914 $34,968

Operating Expenses


% Rent Monthly Yearly
Property taxes: (10%)
10%-$296-$3,554
Insurance: (7%)
7%-$217-$2,604
Property management: (8%)
8%-$248-$2,976
Repairs & maintenance: (5%)
5%-$155-$1,860
Capital expenditures: (5%)
5%-$155-$1,860
HOA fees: (9%)
9%-$277-$3,324
Total operating expenses: (43%)
43%-$1,348-$16,178

Cash Flow


Monthly Yearly
Net operating income:
$1,566 $18,792
Mortgage payments:
-$2,349 -$28,188
Cash flow:
$783 $9,396