For SaleRisky Deal3 days on market

7510 Sika Deer Way

7510 Sika Deer Way, Fort Myers, FL 33966, Fort Myers, FL 33966
$595,000

Listing Price

Property image 1
7510 Sika Deer Way, Fort Myers, FL 33966
Loc: Fort Myers, FL
Days Listed
3
Tax Assessed
$518k
Lot Size
6,795 sqft
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.

4

Ray V. Pottorf Elementary School

PK-5
1.9 mi away
5

Paul Laurence Dunbar Middle School

6-8
1.7 mi away
2

South Fort Myers High School

9-12
3 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

Single Family Residence2005Central, ElectricCentral Air, Electric2 Attached Garage spaces$1,115 quarterly6,795 sqft4 Days$212

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.94%
Total ROI
87.9%
Cash Flow
$-144/mo
DSCR
0.95
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-144/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (5.9%)
  • Strong rental demand in Fort Myers
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
2026-09-12Listed for sale$595,000$212
2015-03-30Sold$342,000$122
2015-02-23Pending sale$359,900$128
2015-01-06Price change$359,900$128
2014-11-27Listed for sale$369,900$132
2014-05-28Sold$341,000$122
2014-05-17Pending sale$349,900$125
2014-03-02Price change$349,900$125
2014-01-11Listed for sale$369,900$132
2005-07-18Sold$454,600$162

Tax History

YearProperty TaxTax Assessment
2025$4,446.4$344,717
2024$4,279.23$335,002
2023$4,186.23$325,245
2022$4,225.94$315,772
2021$4,177.52$306,575
2020$4,212.53$302,342
2019$4,132.11$295,544
2018$4,132.11$298,758
2017$4,255.56$292,613
2016$4,263.26$286,595
2015$4,234.4$280,527
2014$4,234.72$272,900
2013$3,587.56$254,501
2012$3,465.53$245,776
2011$3,429.48$274,052
2010$3,452.61$228,893
2009$3,981.17$271,700
2007$5,470.37$459,250
2006$5,530.1$360,980
2004$785.49$43,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,806
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 4b/3ba in Fort Myers
+18% vs. list
$
$126,270
75% Rule
Maximum Allowable Offer (MAO)
$400,305

Calculated as (75% × $702,100) − $126,270

Asking Price is $194,695 (32.7%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $400,305 based on $126,270 in required updates.
Current Asking Price:$595,000
Estimated ARV:$702,100
Estimated Renovation:$126,270
All-In Capital Basis (MAO + Rehab):$526,575
Projected Equity Margin:+$175,525
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: $595,000[Estimated] Rent: $4,760/mo[Estimated] Tax Rate: 0.98% (FL)[Estimated] Hazard Ins: $298/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.94%

NOI: $35,325/yr

Cash-on-Cash Yield
-1.3%

On $136,850 invested

DSCR Ratio
0.95x

Negative debt coverage

5-Yr Leveraged ROI
+87.9%

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)-$423/mo
[Estimated]Homeowner / Hazard Insurance-$298/mo
[Defaulted]Vacancy Reserve (5% of rent)-$238/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$476/mo
[Defaulted]Property Management (8% of rent)-$381/mo
Total Pure Operating Expenses-$1,816/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,760/mo
Less: Operating Expenses-$1,816/mo
Net Operating Income (NOI)+$2,944/mo
Less: Debt Service (30yr @ 6.75%)-$3,087/mo
Net Cash Flow
$-144/mo
$-1,723/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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7510 Sika Deer Way | Fort Myers, FL | Haven AI Analysis | Haven by ScoutHavens