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1046 Driftwood Ln, Ventura, CA 93001

3 beds • 2 baths • 1394 sqft

$1,351,600

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This property looks like a bad Airbnb investment with a projected -12.31% first-year return on $302k initial cash invested.

-12.31%

Cash On Cash

3.54%

Cap Rate

0.59

DSCR

$8,556

Rent

-$3,096

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,556 income − $11,652 expenses = $3,096 out of pocket

Income$8,556Out of Pocket$3,096Mortgage P&I$6,74679%Property Taxes$3104%Insurance$4906%Management$1,28315%CapEx$3424%Maintenance$3424%Other$2,13925%

Investment Breakdown

|

Purchase Price

$1352k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,516

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,556

Total Expenses

$11,652

Mortgage P&I

79%

$6,746

Property Taxes

4%

$310

Home Insurance

6%

$490

HOA

0%

$0

Property Management

15%

$1,283

CapEx

4%

$342

Vacancy

0%

$0

Maintenance

4%

$342

Other

25%

$2,139

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