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1284 Ferrara Dr, Ojai, CA 93023

3 beds • 3 baths • 2141 sqft

$1,183,900

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This property looks like a bad Airbnb investment with a projected -20.11% first-year return on $267k initial cash invested.

-20.11%

Cash On Cash

1.52%

Cap Rate

0.26

DSCR

$4,216

Rent

-$4,469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,216 income − $8,685 expenses = $4,469 out of pocket

Income$4,216Out of Pocket$4,469Mortgage P&I$5,796137%Property Taxes$42410%Insurance$44110%Management$63215%CapEx$1694%Maintenance$1694%Other$1,05425%

Investment Breakdown

|

Purchase Price

$1184k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$267k

Downpayment

20%

$237k

Closing costs

1%

$11,839

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,216

Total Expenses

$8,685

Mortgage P&I

137%

$5,796

Property Taxes

10%

$424

Home Insurance

10%

$441

HOA

0%

$0

Property Management

15%

$632

CapEx

4%

$169

Vacancy

0%

$0

Maintenance

4%

$169

Other

25%

$1,054

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