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5835 Double Eagle Cir #4717
B Composite 72.85
Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +27.8/30.0
  • 1% rule +10.0/10.0
  • DSCR +9.8/10.0
  • ARV discount +7.5/15.0
  • Schools +5.0/10.0
  • Appreciation +4.5/10.0
  • Rent growth +3.2/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0

$245,000

5835 Double Eagle Cir #4717 · Ave Maria, FL 34142
2 bd · 2.0 ba · 1,154 sqft · Condo public records · 102 Days on market
Built 2023 $512/mo HOA · 13% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

This 2 BR condo at the National Golf and Country Club is located in the fastest growing community in SW Florida, Ave Maria. This is a 1st floor condo that includes a covered carport space in front of the unit, amazing resort amenities including a resort style pool, pool side tiki bar, club restaurant, numerous pickle ball courts, a state-of-the art fitness center and much much more. This is a gated community with a 24/7 manned guard booth. Resort style living will make this your trye paradise; your year-round home or home away from home. Call for a private showing today. You won't be disappointed!

Key facts

  • Gated community
  • Pickle ball courts
  • Resort amenities

Tags

RESORT AMENITIESRESORT STYLE POOLPOOL SIDE TIKI BARCLUB RESTAURANTPICKLE BALL COURTSGATED COMMUNITY

Property features AI

Finance

  • Other: Building contains 20 units; 1 unit per floor; this unit is on a single floor; Possession at closing
  • HOA & community: Mandatory HOA; Master HOA fee $209 quarterly; Condo fee $1,327 quarterly; Condo-managed; Maintenance covers cable, insurance, lawn/land maintenance, exterior pest control, sewer, trash removal, and water; Community amenities: clubhouse, basketball, bocce, pickleball, dog park, golf course, sauna, internet access, underground utilities; Total annual recurring fees $9,518; Total one-time fees $150; Community type: Golf course

Exterior

  • Parking: 1 assigned parking space; Guest parking available; Detached 1-space carport
  • Security: Guarded gate
  • Utilities: Central water; Central sewer; Cable available
  • Home design: Residential property; Mid-rise building (4–7 stories); Rear exposure faces northwest; Built in 2023; Golf-bundled community (The National Golf & Country Club at Ave Maria)
  • Construction: Concrete block construction; Shingle roof; Casement windows; Impact-resistant doors and windows
  • Exterior features: Patio; Automatic sprinkler system; Oversize lot description; Lake waterfront; Golf course and lake views; Paved private road; No RV allowed

Interior

  • Kitchen: Island; Pantry; Electric cooktop; Dishwasher; Disposal; Microwave; Refrigerator/Freezer
  • Bedrooms: 2 bedrooms with a split layout
  • Flooring: Tile
  • Bathrooms: 2 full bathrooms; Master bath with shower-only
  • Heating & cooling: Central electric heat; Ceiling fans for cooling
  • Interior features: Cable prewire; Fire sprinkler system; Pantry; Smoke detectors; Great room floor plan; Common elevator; 2 ceiling fans; Screened lanai/porch; Eat-in kitchen; Furnished
  • Laundry & utility: Washer (in residence); Laundry in residence

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath condo listed at $245k.

Deal economics

  • At list price, monthly cash flow is $747 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $245k).
  • Recommended offer: $223k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Collier (suburban): math 60% / reading 56% proficiency, ranked #16 of 73 in FL (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Estates Elementary School (math 70% / reading 67%, grade B+, #409 of 2,144 statewide, top 20%, 862 students, 53% FRL); Palmetto Ridge High School (math 43% / reading 51%, grade D-, #207 of 667 statewide, top 32%, 2,347 students, 38% FRL).
  • Market conditions: Rents rising (+3.0%/yr); 449 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 3,520 units permitted in Collier County in 2024 (959 in 5+ unit buildings).
  • At $3,817/mo this rent would consume 73% of the median local household income ($62k/yr) (locally 1093% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-1.1%/yr); year-one equity from $2k of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Collier County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-1.1% appreciation + 3.0% rent growth), your $69k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 102 days — a 9% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask is 12150% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Recommended offer $222,950 (9.0% below list)

Questions for the listing agent

  1. It's been on market 102 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.56%
Cap rate
9.95%
Cash-on-cash
13.07%
DSCR
1.58
GRM
5.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-1.05% appreciation · 2.95% rent growth · sell at horizon

5-year hold
IRR
9.4%
Equity multiple
1.42×
Total profit
$28,818
Equity at exit
$58,573
10-year hold
IRR
15.7%
Equity multiple
2.55×
Total profit
$106,651
Equity at exit
$61,025

Cash invested: $68,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Florida
87 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

ZIP-level market 34142

Home prices YoY
-0.5%
Rents YoY
3.0%
Active inventory
449
Price-to-rent
5.3×

Monthly cashflow live

Estimated rent
$3,817 high interval (Pro) →
Mortgage (P&I)
$1,285
Tax from tax record
$369 /mo · $4,430/yr
Insurance
$102
HOA
$512
Vacancy / Maint / Mgmt
$801
Net cashflow
$747

Break-even live

Break-even rent $2,871
Max offer price $245,000
Occupancy floor 75%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$61,250
Closing costs
$7,350
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5835 Double Eagle Cir Ave Maria, FL 2.0 2.0 1154 $5,495 $4.76 23d 1 0.03mi
5807 Double Eagle Cir #4635 Ave Maria, FL 2.0 2.0 1120 $5,195 $4.64 23d 1 0.06mi
5807 Double Eagle Cir Ave Maria, FL 3.0 2.0 1301 $2,995 $2.30 23d 1 0.07mi
5807 Double Eagle Cir #4621 Ave Maria, FL 3.0 2.0 1301 $6,295 $4.84 23d 1 0.07mi
5749 Double Eagle Cir #4528 Ave Maria, FL 3.0 2.0 1301 $6,295 $4.84 21d 1 0.11mi
5749 Double Eagle Cir #4537 Ave Maria, FL 2.0 2.0 1154 $2,100 $1.82 21d 1 0.11mi
5749 Double Eagle Cir #4515 Ave Maria, FL 2.0 2.0 1120 $1,995 $1.78 21d 1 0.11mi
5749 Double Eagle Cir Ave Maria, FL 3.0 2.0 1301 $2,995 $2.30 23d 1 0.11mi
5715 Double Eagle Cir #4432 Ave Maria, FL 2.0 2.0 1154 $5,795 $5.02 21d 1 0.12mi
5715 Double Eagle Cir #4413 Ave Maria, FL 2.0 2.0 1154 $5,495 $4.76 21d 1 0.12mi
5715 Double Eagle Cir Ave Maria, FL 2.0 2.0 1120 $3,295 $2.94 23d 1 0.13mi
5651 Double Eagle Cir Ave Maria, FL 2.0 2.0 1154 $2,495 $2.16 23d 1 0.19mi
5807 Double Eagle Cir #4631 Ave Maria, FL 3.0 2.0 1301 $5,695 $4.38 23d 1 0.20mi
5835 Double Eagle Cir Unit 4742 Ave Maria, FL 2.0 2.0 1154 $5,795 $5.02 23d 1 0.20mi
5651 Double Eagle Cir #4323 Ave Maria, FL 2.0 2.0 1154 $5,795 $5.02 21d 1 0.20mi
5651 Double Eagle Cir #4318 Ave Maria, FL 3.0 2.0 1301 $2,200 $1.69 21d 1 0.20mi
5651 Double Eagle Cir Unit 1545996P Ave Maria, FL 2.0 2.0 1280 $2,581 $2.02 13d 1 0.20mi
5427 Double Eagle Cir Ave Maria, FL 2.0 2.0 1355 $2,995 $2.21 23d 1 0.21mi
5427 Double Eagle Cir #2812 Ave Maria, FL 2.0 2.0 1355 $2,395 $1.77 13d 1 0.21mi
5715 Double Eagle Cir Unit 4416 1 Ave Maria, FL 2.0 2.0 1154 $2,300 $1.99 23d 1 0.21mi
5715 Double Eagle Cir Unit 4432AVE Ave Maria, FL 2.0 2.0 1283 $2,495 $1.94 23d 1 0.21mi
5410 Double Eagle Cir #2222 Ave Maria, FL 2.0 2.0 1355 $2,395 $1.77 23d 1 0.24mi
5629 Double Eagle Cir Ave Maria, FL 2.0 2.0 1120 $5,495 $4.91 23d 1 0.24mi
5478 Double Eagle Cir #3515 Ave Maria, FL 2.0 2.0 1355 $2,395 $1.77 23d 1 0.25mi
5428 Double Eagle Cir #2517 Ave Maria, FL 2.0 2.0 1355 $2,695 $1.99 23d 1 0.25mi
5445 Double Eagle Cir #3013 Ave Maria, FL 2.0 2.0 1366 $2,595 $1.90 21d 1 0.26mi
5433 Double Eagle Cir Ave Maria, FL 2.0 2.0 1366 $3,295 $2.41 23d 1 0.26mi
5433 Double Eagle Cir #2915 Ave Maria, FL 2.0 2.0 1366 $6,295 $4.61 21d 1 0.26mi
5583 Double Eagle Cir #4137 Ave Maria, FL 2.0 2.0 1154 $5,795 $5.02 21d 1 0.26mi
5583 Double Eagle Cir Unit 4118 Ave Maria, FL 3.0 2.0 1301 $4,700 $3.61 23d 1 0.26mi
5583 Double Eagle Cir #4135 Ave Maria, FL 2.0 2.0 1120 $2,195 $1.96 23d 1 0.26mi
5583 Double Eagle Cir Unit 4143 Ave Maria, FL 2.0 2.0 1120 $5,795 $5.17 23d 1 0.26mi
5555 Double Eagle Cir #3918 Ave Maria, FL 3.0 2.0 1301 $5,995 $4.61 23d 1 0.26mi
5555 Double Eagle Cir #3936 Ave Maria, FL 2.0 2.0 1154 $2,100 $1.82 13d 1 0.26mi
5555 Double Eagle Cir #3914 Ave Maria, FL 2.0 2.0 1120 $5,795 $5.17 23d 1 0.26mi
5555 Double Eagle Cir #3913 Ave Maria, FL 2.0 2.0 1154 $2,100 $1.82 23d 1 0.26mi
5555 Double Eagle Cir Unit 3916 Ave Maria, FL 2.0 2.0 1154 $5,950 $5.16 23d 1 0.26mi
5427 Double Eagle Cir #2822 Ave Maria, FL 2.0 2.0 1355 $5,795 $4.28 23d 1 0.27mi
5427 Double Eagle Cir #2825 Ave Maria, FL 2.0 2.0 1355 $6,295 $4.65 23d 1 0.27mi
5445 Double Eagle Cir Ave Maria, FL 2.0 2.0 1355 $2,995 $2.21 23d 1 0.27mi

HOA detail condo

Monthly dues
$512 · $6,144/yr
Likely covers
poolgymsecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 12 events

  1. 2026-06-18
    days on market $245,000 Active 102 DOM
  2. 2026-06-17
    days on market $245,000 Active 101 DOM
  3. 2026-06-16
    days on market $245,000 Active 100 DOM
  4. 2026-06-15
    days on market $245,000 Active 99 DOM
  5. 2026-06-14
    days on market $245,000 Active 97 DOM
  6. 2026-06-10
    days on market $245,000 Active 94 DOM
  7. 2026-06-09
    days on market $245,000 Active 93 DOM
  8. 2026-06-08
    days on market $245,000 Active 92 DOM
  9. 2026-06-07
    days on market $245,000 Active 91 DOM
  10. 2026-06-03
    days on market $245,000 Active 87 DOM
  11. 2026-06-03
    remarks 604-char remark
  12. 2026-06-03
    listed $245,000 Active 86 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

Current annual tax
$4,430 · $369/mo
Projected year-2 tax
$4,430 · $369/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$45,799
− Mortgage interest
−$13,724
− Property taxes
−$4,430
− Insurance
−$1,225
− Repairs & maintenance
−$3,664
− Management
−$3,664
− HOA
−$6,144
− Depreciation
−$7,127
Taxable income
$5,821
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,397
After-tax cash flow
$7,567/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Collier
NCES district ID
1200330
Math proficiency
60% ▼ -4.00%
Reading proficiency
56% ▼ -2.00%
Median HH income
$58,275
Composite
50.23/100
National rank
#1892
State rank
#16 of 73 in FL

Livability — Ave Maria

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Ave Maria, FL
County
Collier County · 396,295 people
Metro
Naples-Marco Island, FL
Population (ZIP)
35,149
Household income
$62,333
Rent vs Own
48.7% rent · 51.3% own
Severe rent burden
1093.0

Population outlook (Collier County) Hauer SSP2

Today (2025)
420,858 people
By 2030
450,054 · +6.9%
By 2040
502,232 · +19.3%
By 2050
544,932 · +29.5%
By 2075
627,203 · +49.0%
By 2100
659,015 · +56.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority Hispanic (63%)
Race & ethnicity
Hispanic / Latino 63% Two or more races 39% Black 19% White 16% Native American 7%
Hispanic origin (detail)
Mexican 43% Puerto Rican 3% Cuban 2% Dominican 1%
Common ancestry
Hispanic 8% Slovak 1% Serbian 1%
Foreign-born
32% · Canada, Jamaica
Languages at home
34% English-only · Spanish 53% French/Haitian/Cajun 12%

Political lean MEDSL · Collier

2024 margin
Solid R (+33.1) · D 33.1% · R 66.2%
2008→2024 swing
-10.6pp toward R · 2008: -22.5pp · 2024: -33.1pp
All cycles
2024: R+33.1 2020: R+24.7 2016: R+26.0 2012: R+30.1 2008: R+22.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -1.05%
Current HPI
226.9105
Rent YoY
▲ 2.95%
Metro
Naples-Marco Island, FL
State GDP YoY
▲ 3.28%
F500 in state
36

Industry mix (Fortune 500 HQ in FL)

Industry F500 HQs Revenue

Price history

-99.3% since first listed
5 events — show timeline
  • 2026-06-03 Rental Removed $1,950 FGCMLS
  • 2026-05-23 Price Changed $1,950 FGCMLS
  • 2026-05-21 Price Changed $245,000 NAPLESMLS
  • 2026-04-19 Listed for Rent $2,000 FGCMLS
  • 2026-03-08 Listed $285,900 NAPLESMLS

Property tax history

+59.2%/yr

Latest (2025): $4,430 · +6.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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