For SaleRisky Deal4 days on market

15492 Chloe Cir

15492 Chloe Cir, Fort Myers, FL 33908, Fort Myers, FL 33908
$650,000
Zestimate®:$612,500

Listing Price

Property image 1
15492 Chloe Cir, Fort Myers, FL 33908
Loc: Fort Myers, FL
Days Listed
4
Tax Assessed
$561k
Zestimate®
$613k
Market Rate
Lot Size
0.34 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.

6

Rayma C. Page Elementary School

PK-6
2.4 mi away
7

Cypress Lake Middle School

6-8
2.5 mi away
2

South Fort Myers High School

9-12
2.2 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 Residence1988Central, ElectricCentral Air, Ceiling Fan(s), Electric3 Attached Garage spaces$79 monthly0.34 Acres5 Days$290

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.95%
Total ROI
88.1%
Cash Flow
$-152/mo
DSCR
0.95
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-152/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.0%)
  • 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
2026-09-10Listed for sale$650,000$290
2013-12-30Sold$340,000$152
2013-10-19Listed for sale$374,900$167
1995-08-23Sold$219,000$98

Tax History

YearProperty TaxTax Assessment
2025$4,080.54$309,678
2024$3,860.72$296,272
2023$3,762.97$287,643
2022$3,787.93$279,265
2021$3,719.87$271,131
2020$3,747.03$267,388
2019$3,680.01$305,234
2018$3,680.01$256,502
2017$3,658.21$251,226
2016$3,671.71$297,145
2015$3,652.73$287,699
2014$3,700.49$242,410
2013$3,558.39$173,424
2012$2,547.99$180,010
2011$3,242.98$218,885
2010$3,710.19$255,041
2009$3,356.29$335,810
2007$3,293.28$390,990
2006$3,331.61$326,740
2004$3,570.44$244,990
2003$3,676.44$200,870
2002$3,731.64$202,600
2000$0$172,530
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
2,240
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/2ba in Fort Myers
+18% vs. list
$
$100,800
75% Rule
Maximum Allowable Offer (MAO)
$474,450

Calculated as (75% × $767,000) − $100,800

Asking Price is $175,550 (27.0%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $474,450 based on $100,800 in required updates.
Current Asking Price:$650,000
Estimated ARV:$767,000
Estimated Renovation:$100,800
All-In Capital Basis (MAO + Rehab):$575,250
Projected Equity Margin:+$191,750
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: $650,000[Estimated] Rent: $5,200/mo[Estimated] Tax Rate: 0.98% (FL)[Estimated] Hazard Ins: $325/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.95%

NOI: $38,651/yr

Cash-on-Cash Yield
-1.2%

On $149,500 invested

DSCR Ratio
0.95x

Negative debt coverage

5-Yr Leveraged ROI
+88.1%

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)-$458/mo
[Estimated]Homeowner / Hazard Insurance-$325/mo
[Defaulted]Vacancy Reserve (5% of rent)-$260/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$520/mo
[Defaulted]Property Management (8% of rent)-$416/mo
Total Pure Operating Expenses-$1,979/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,200/mo
Less: Operating Expenses-$1,979/mo
Net Operating Income (NOI)+$3,221/mo
Less: Debt Service (30yr @ 6.75%)-$3,373/mo
Net Cash Flow
$-152/mo
$-1,821/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Fort Myers.