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1496 Three Springs Cv, Mesquite, NV 89027

3 beds • 2 baths • 1932 sqft

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This property looks like a bad Airbnb investment with a projected -16.9% first-year return on $160k initial cash invested.

-16.9%

Cash On Cash

2.64%

Cap Rate

0.41

DSCR

$3,955

Rent

-$2,258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,955 income − $6,213 expenses = $2,258 out of pocket

Income$3,955Out of Pocket$2,258Mortgage P&I$3,58991%Property Taxes$3619%Insurance$2456%HOA$1203%Management$59315%CapEx$1584%Maintenance$1584%Other$98925%

Investment Breakdown

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Purchase Price

$678k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$136k

Closing costs

1%

$6,778

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,955

Total Expenses

$6,213

Mortgage P&I

91%

$3,589

Property Taxes

9%

$361

Home Insurance

6%

$245

HOA

3%

$120

Property Management

15%

$593

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$989

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