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1088 Lucerne Way, Incline Village, NV 89451

3 beds • 2 baths • 1783 sqft

$1,498,000

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This property looks like a bad Airbnb investment with a projected -24.68% first-year return on $333k initial cash invested.

-24.68%

Cash On Cash

0.78%

Cap Rate

0.13

DSCR

$4,015

Rent

-$6,839

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,015 income − $10,854 expenses = $6,839 out of pocket

Income$4,015Out of Pocket$6,839Mortgage P&I$7,656191%Property Taxes$44611%Insurance$52413%HOA$3007%Management$60215%CapEx$1614%Maintenance$1614%Other$1,00425%

Investment Breakdown

|

Purchase Price

$1498k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$333k

Downpayment

20%

$300k

Closing costs

1%

$14,980

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,015

Total Expenses

$10,854

Mortgage P&I

191%

$7,656

Property Taxes

11%

$446

Home Insurance

13%

$524

HOA

7%

$300

Property Management

15%

$602

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,004

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