127 Springfield Ave, Huntington Beach, CA 92648
3 beds • 3 baths • 1816 sqft
$1,900,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -28.31% first-year return on $417k initial cash invested.
-28.31%
Cash On Cash
0.38%
Cap Rate
0.06
DSCR
$5,247
Rent
-$9,836
Cashflow
Cash Flow
$5,247 income − $15,083 expenses = $9,836 out of pocket
Investment Breakdown
|
Purchase Price
$1900k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$417k
Downpayment
20%
$380k
Closing costs
1%
$19,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$5,247
Total Expenses
$15,083
Mortgage P&I
195%
$10,221
Property Taxes
32%
$1,678
Home Insurance
13%
$665
HOA
0%
$0
Property Management
15%
$787
CapEx
4%
$210
Vacancy
0%
$0
Maintenance
4%
$210
Other
25%
$1,312