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10191 Morningside Dr, Garden Grove, CA 92843

3 beds • 2 baths • 1164 sqft

$1,072,800

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This property looks like a bad Airbnb investment with a projected -24.33% first-year return on $243k initial cash invested.

-24.33%

Cash On Cash

0.38%

Cap Rate

0.07

DSCR

$3,005

Rent

-$4,932

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,005 income − $7,937 expenses = $4,932 out of pocket

Income$3,005Out of Pocket$4,932Mortgage P&I$5,153171%Property Taxes$97432%Insurance$36812%Management$45115%CapEx$1204%Maintenance$1204%Other$75125%

Investment Breakdown

|

Purchase Price

$1073k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$243k

Downpayment

20%

$215k

Closing costs

1%

$10,728

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,005

Total Expenses

$7,937

Mortgage P&I

171%

$5,153

Property Taxes

32%

$974

Home Insurance

12%

$368

HOA

0%

$0

Property Management

15%

$451

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$751

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