For SaleRisky Deal4 days on market

12369 Country Day Cir

12369 Country Day Cir, Fort Myers, FL 33913, Fort Myers, FL 33913
$615,000
Zestimate®:$583,700

Listing Price

Property image 1
12369 Country Day Cir, Fort Myers, FL 33913
Loc: Fort Myers, FL
Days Listed
4
Tax Assessed
$528k
Zestimate®
$584k
Market Rate
Lot Size
8,668 sqft
Rent Estimate
$4,346/mo
Est. Cash Flow base
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

Gateway Elementary School

PK-5
0.8 mi away
5

Paul Laurence Dunbar Middle School

6-8
4.9 mi away
5

Gateway High School

9-12
1.7 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 Residence2006Central, ElectricCentral Air, Ceiling Fan(s), Electric2 Attached Garage spaces$189 monthly8,668 sqft4 Days$172

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.09%
Total ROI
69.4%
Cash Flow
$-584/mo
DSCR
0.82
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-584/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
2026-09-10Listed for sale$615,000$172
2016-06-21Sold$419,000$117
2013-03-29Sold$238,000$67
2012-08-21Sold$221,700$62
2006-08-08Sold$643,300$180

Tax History

YearProperty TaxTax Assessment
2025$8,502.55$499,245
2024$8,435.99$453,859
2023$7,830.38$412,599
2022$6,946.23$375,090
2021$5,834.63$340,991
2020$5,711.15$328,651
2019$5,587.5$321,381
2018$5,587.5$325,425
2017$5,707.79$314,119
2016$5,574.16$307,653
2015$4,897.45$345,929
2014$4,901.38$296,477
2013$4,702.32$271,100
2012$4,356.18$246,579
2011$3,458.71$221,227
2010$3,480.31$212,969
2009$4,532.31$287,270
2007$8,065.84$520,590
2006$1,402.25$55,250
2004$286.67$1,700
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
4
Sq Ft
3,572
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 5b/4ba in Fort Myers
+18% vs. list
$
$160,740
75% Rule
Maximum Allowable Offer (MAO)
$383,535

Calculated as (75% × $725,700) − $160,740

Asking Price is $231,465 (37.6%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $383,535 based on $160,740 in required updates.
Current Asking Price:$615,000
Estimated ARV:$725,700
Estimated Renovation:$160,740
All-In Capital Basis (MAO + Rehab):$544,275
Projected Equity Margin:+$181,425
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: $615,000[Observed] Rent: $4,346/mo[Estimated] Tax Rate: 0.98% (FL)[Estimated] Hazard Ins: $308/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.09%

NOI: $31,284/yr

Cash-on-Cash Yield
-5.0%

On $141,450 invested

DSCR Ratio
0.82x

Negative debt coverage

5-Yr Leveraged ROI
+69.4%

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)-$431/mo
[Estimated]Homeowner / Hazard Insurance-$308/mo
[Defaulted]Vacancy Reserve (5% of rent)-$217/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$435/mo
[Defaulted]Property Management (8% of rent)-$348/mo
Total Pure Operating Expenses-$1,739/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,346/mo
Less: Operating Expenses-$1,739/mo
Net Operating Income (NOI)+$2,607/mo
Less: Debt Service (30yr @ 6.75%)-$3,191/mo
Net Cash Flow
$-584/mo
$-7,009/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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