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1001 Electric Ave, Seal Beach, CA 90740

3 beds • 4 baths • 2485 sqft

$2,401,900

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This property looks like a bad Airbnb investment with a projected -23.43% first-year return on $522k initial cash invested.

-23.43%

Cash On Cash

1.07%

Cap Rate

0.18

DSCR

$7,621

Rent

-$10,198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,621 income − $17,819 expenses = $10,198 out of pocket

Income$7,621Out of Pocket$10,198Mortgage P&I$12,037158%Property Taxes$1,25116%Insurance$87311%Management$1,14315%CapEx$3054%Maintenance$3054%Other$1,90525%

Investment Breakdown

|

Purchase Price

$2402k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$522k

Downpayment

20%

$480k

Closing costs

1%

$24,019

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,621

Total Expenses

$17,819

Mortgage P&I

158%

$12,037

Property Taxes

16%

$1,251

Home Insurance

11%

$873

HOA

0%

$0

Property Management

15%

$1,143

CapEx

4%

$305

Vacancy

0%

$0

Maintenance

4%

$305

Other

25%

$1,905

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