For SaleRisky Deal6 days on market

15602 Copra Ln

15602 Copra Ln, Fort Myers, FL 33908, Fort Myers, FL 33908
$250,000

Listing Price

Property image 1
15602 Copra Ln, Fort Myers, FL 33908
Loc: Fort Myers, FL
Days Listed
6
Tax Assessed
$391k
Lot Size
0.37 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Heights Elementary School

PK-5
2.6 mi away
4

Lexington Middle School

6-8
3.5 mi away
5

Cypress Lake High School

9-12
4.4 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

ranch stylesingle-storystone facadestucco exteriorconcrete drivewaymature landscapinglarge oak treescreened entrysuburbanresidentialwell-maintainedhip roofasphalt shinglescovered porch

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.14%
Total ROI
70.5%
Cash Flow
$-227/mo
DSCR
0.83
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-227/mo net cash flow with a 5.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Fort Myers, FL
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-03-20Price change$479,000$212
2026-02-28Price change$489,000$216
2026-01-08Price change$499,000$221
2025-03-25Price change$525,000$232
2025-01-02Listed for sale$549,500$243
2024-12-21Listing removed$554,500$245
2024-11-08Price change$554,500$245
2024-09-13Listed for sale$559,500$248
2015-03-02Sold$270,000$120
2014-12-16Listed for sale$274,900$122
2014-07-12Listing removed$269,900$119
2014-04-12Price change$269,900$119
2014-02-23Price change$279,000$124
2014-02-12Listed for sale$299,000$132
2004-08-26Sold$260,000$115
2002-09-17Sold$180,000$80
2000-12-07Sold$147,500$65

Tax History

YearProperty TaxTax Assessment
2025$2,940.3$233,741
2024$2,818.57$227,154
2023$2,748.58$220,538
2022$2,803.41$214,115
2021$2,748.65$207,879
2020$2,653.02$198,990
2019$2,607.06$233,365
2018$2,607.06$190,889
2017$2,612.39$186,963
2016$2,600.51$183,118
2015$2,584.21$163,907
2014$1,624.48$150,101
2013$1,605.7$133,000
2012$1,497.82$112,191
2011$1,734.25$134,764
2010$1,747.05$122,310
2009$2,515.44$216,410
2008$2,362.69$258,380
2007$2,464.68$267,420
2006$2,513.55$237,930
2004$2,907.64$147,440
2003$3,022.68$146,660
2002$2,263.98$130,960
2000$0$102,230
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
2,259
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 3b/2ba in Fort Myers
+18% vs. list
$
$101,655
75% Rule
Maximum Allowable Offer (MAO)
$119,595

Calculated as (75% × $295,000) − $101,655

Asking Price is $130,405 (52.2%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $119,595 based on $101,655 in required updates.
Current Asking Price:$250,000
Estimated ARV:$295,000
Estimated Renovation:$101,655
All-In Capital Basis (MAO + Rehab):$221,250
Projected Equity Margin:+$73,750
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $250,000[Estimated] Rent: $2,000/mo[Estimated] Tax Rate: 0.98% (FL)[Estimated] Hazard Ins: $150/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.14%

NOI: $12,844/yr

Cash-on-Cash Yield
-4.7%

On $57,500 invested

DSCR Ratio
0.83x

Negative debt coverage

5-Yr Leveraged ROI
+70.5%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.98% of basis)-$320/mo
[Estimated]Homeowner / Hazard Insurance-$150/mo
[Defaulted]Vacancy Reserve (5% of rent)-$100/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$200/mo
[Defaulted]Property Management (8% of rent)-$160/mo
Total Pure Operating Expenses-$930/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,000/mo
Less: Operating Expenses-$930/mo
Net Operating Income (NOI)+$1,070/mo
Less: Debt Service (30yr @ 6.75%)-$1,297/mo
Net Cash Flow
$-227/mo
$-2,722/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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15602 Copra Ln | Fort Myers, FL | Haven AI Analysis | Haven by ScoutHavens