For SaleRisky Deal5 days on market

4436 Crossjack Ct APT B10

4436 Crossjack Ct APT B10, Fort Myers, FL 33919, Fort Myers, FL 33919

$159,000

Listing Price

4436 Crossjack Ct APT B10, Fort Myers, FL 33919

Loc: Fort Myers, FL

Days Listed

Tax Assessed

$234k

Lot Size

6,599 sqft

Type

condo

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.

Heights Elementary School

PK-5

2.1 mi away

Cypress Lake Middle School

6-8

0.9 mi away

Cypress Lake High School

9-12

1 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

Condominium1975Central, ElectricCentral Air, Ceiling Fan(s), Electric1 Carport space$582 monthly6 Days$114

Haven AI Verdict

Recommendation

Risky

Confidence Score: 1/10

Exercise caution due to potential market volatility.

Cap Rate

4.81%

Total ROI

63.5%

Cash Flow

$-187/mo

DSCR

0.77

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-187/mo net cash flow with a 4.8% 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

Date	Event	Price	Price/sqft
2026-09-09	Listed for sale	$159,000	$114
1999-09-28	Sold	$83,700	$60

Tax History

Year	Property Tax	Tax Assessment
2025	$3,060	$221,708
2024	$3,127.14	$201,553
2023	$3,062.39	$183,230
2022	$2,534.08	$166,573
2021	$2,165.82	$151,430
2020	$2,129.83	$146,158
2019	$2,036.55	$138,083
2018	$2,036.55	$139,698
2017	$2,090.94	$134,853
2016	$2,000.51	$119,529
2015	$1,839.81	$114,700
2014	$1,759.69	$109,800
2013	$1,653.09	$85,500
2012	$866.94	$110,500
2011	$848.88	$114,600
2010	$848.61	$92,200
2009	$769.91	$115,670
2008	$707.54	$164,000
2007	$833.14	$201,000
2006	$844.56	$138,000
2004	$887.53	$110,000
2003	$894	$92,000
2002	$849.67	$70,000
2000	$0	$63,000

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

1,392

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.

Estimated After-Repair Value (ARV) [estimated]Modeled value-add projection (+18% baseline) for 2b/2ba in Fort Myers

+18% vs. list

Rehab Budget & Scope (1,392 sq ft)$62,640

Institutional Acquisition Rule75% Rule

Maximum Allowable Offer (MAO)

$78,075

Calculated as (75% × $187,620) − $62,640

Asking Price is $80,925 (50.9%) Above MAO

To achieve your target margin of 25%, submit an initial counteroffer closer to $78,075 based on $62,640 in required updates.

Current Asking Price:$159,000

Estimated ARV:$187,620

Estimated Renovation:$62,640

All-In Capital Basis (MAO + Rehab):$140,715

Projected Equity Margin:+$46,905

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: $159,000[Estimated] Rent: $1,272/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)

4.81%

NOI: $7,655/yr

Cash-on-Cash Yield

-6.1%

On $36,570 invested

DSCR Ratio

0.77x

Negative debt coverage