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11661 Picturesque Dr, Studio City, CA 91604

3 beds • 3 baths • 2534 sqft

$2,045,300

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This property looks like a bad Airbnb investment with a projected -24.9% first-year return on $448k initial cash invested.

-24.9%

Cash On Cash

0.72%

Cap Rate

0.12

DSCR

$7,084

Rent

-$9,285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,084 income − $16,369 expenses = $9,285 out of pocket

Income$7,084Out of Pocket$9,285Mortgage P&I$10,235144%Property Taxes$1,99928%Insurance$73510%Management$1,06315%CapEx$2834%Maintenance$2834%Other$1,77125%

Investment Breakdown

|

Purchase Price

$2045k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$448k

Downpayment

20%

$409k

Closing costs

1%

$20,453

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,084

Total Expenses

$16,369

Mortgage P&I

144%

$10,235

Property Taxes

28%

$1,999

Home Insurance

10%

$735

HOA

0%

$0

Property Management

15%

$1,063

CapEx

4%

$283

Vacancy

0%

$0

Maintenance

4%

$283

Other

25%

$1,771

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