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132 23rd St, Costa Mesa, CA 92627

3 beds • 3 baths • 1881 sqft

$1,361,600

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This property looks like a bad Airbnb investment with a projected -23.29% first-year return on $304k initial cash invested.

-23.29%

Cash On Cash

0.88%

Cap Rate

0.15

DSCR

$4,561

Rent

-$5,898

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,561 income − $10,459 expenses = $5,898 out of pocket

Income$4,561Out of Pocket$5,898Mortgage P&I$6,720147%Property Taxes$76917%Insurance$62814%HOA$1543%Management$68415%CapEx$1824%Maintenance$1824%Other$1,14025%

Investment Breakdown

|

Purchase Price

$1362k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$304k

Downpayment

20%

$272k

Closing costs

1%

$13,616

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,561

Total Expenses

$10,459

Mortgage P&I

147%

$6,720

Property Taxes

17%

$769

Home Insurance

14%

$628

HOA

3%

$154

Property Management

15%

$684

CapEx

4%

$182

Vacancy

0%

$0

Maintenance

4%

$182

Other

25%

$1,140

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