REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1069 Homestead Ave, Walnut Creek, CA 94598

3 beds • 2 baths • 1855 sqft

$1,544,100

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -24.53% first-year return on $342k initial cash invested.

-24.53%

Cash On Cash

0.87%

Cap Rate

0.14

DSCR

$6,668

Rent

-$6,997

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,668 income − $13,665 expenses = $6,997 out of pocket

Income$6,668Out of Pocket$6,997Mortgage P&I$7,848118%Property Taxes$1,91629%Insurance$70010%Management$1,00015%CapEx$2674%Maintenance$2674%Other$1,66725%

Investment Breakdown

|

Purchase Price

$1544k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$342k

Downpayment

20%

$309k

Closing costs

1%

$15,441

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,668

Total Expenses

$13,665

Mortgage P&I

118%

$7,848

Property Taxes

29%

$1,916

Home Insurance

11%

$700

HOA

0%

$0

Property Management

15%

$1,000

CapEx

4%

$267

Vacancy

0%

$0

Maintenance

4%

$267

Other

25%

$1,667

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis