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1011 Monterey Vista Way, Encinitas, CA 92024

4 beds • 2 baths • 2066 sqft

$2,095,600

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This property looks like a bad Airbnb investment with a projected -21.57% first-year return on $464k initial cash invested.

-21.57%

Cash On Cash

1.42%

Cap Rate

0.24

DSCR

$7,593

Rent

-$8,342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2096k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$464k

Downpayment

20%

$419k

Closing costs

1%

$20,956

Rehab

0%

$0

Furnishing

1%

$24,000

Cashflow

Total Income

$7,593

Total Expenses

$15,935

Mortgage P&I

138%

$10,514

Property Taxes

13%

$1,024

Home Insurance

10%

$752

HOA

0%

$0

Property Management

15%

$1,139

CapEx

4%

$304

Vacancy

0%

$0

Maintenance

4%

$304

Other

25%

$1,898

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Comparable Property

Rent

ADR

Beds

Baths

Distance

25% Discount 4 Bedroom - Close To Beach

$12,039

$501

4

3

0.68 mi

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3

2

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3

2

0.4 mi

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4

2

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1255 S Forest Knoll St

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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