Looking to start VRBO STR in south Cape Coral this year.

[Jake Chial]

Hello all,

I'm looking to start doing STR in cape coral. I spent 2021-2022 living out there. I like the area SE of cape coral pkwy. Based on what I have seen renters could ride a bike to the beach and be within walking distance to a lot of the restaurants. The current going rate as most of you know, on the water with a pool, is 1+Mill for a newer build. The houses I'm looking at are between 1-1.3M. After looking at airbnb and vrbo these house could rent for 500-800 a night, and most are booked till mid April. Anyone got experience with STR in this area? What could I expect to cash flow per year including on and off season?

Thanks

Jake