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1450 Grand Ave, Ojai, CA 93023

3 beds • 3 baths • 3715 sqft

$2,895,800

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This property looks like a bad Airbnb investment with a projected -30.26% first-year return on $626k initial cash invested.

-30.26%

Cash On Cash

-0.59%

Cap Rate

-0.1

DSCR

$2,858

Rent

-$15,788

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,858 income − $18,646 expenses = $15,788 out of pocket

Income$2,858Out of Pocket$15,788Mortgage P&I$14,247498%Property Taxes$1,98069%Insurance$1,04837%Management$42915%CapEx$1144%Maintenance$1144%Other$71425%

Investment Breakdown

|

Purchase Price

$2896k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$626k

Downpayment

20%

$579k

Closing costs

1%

$28,958

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,858

Total Expenses

$18,646

Mortgage P&I

499%

$14,247

Property Taxes

69%

$1,980

Home Insurance

37%

$1,048

HOA

0%

$0

Property Management

15%

$429

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$714

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