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1588 Michoacan Ct, Madera, CA 93638

4 beds • 2 baths • 1300 sqft

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This property looks like a bad Airbnb investment with a projected -2.6% first-year return on $105k initial cash invested.

-2.6%

Cash On Cash

5.66%

Cap Rate

0.97

DSCR

$4,048

Rent

-$227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$76,740

Closing costs

1%

$3,837

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$4,048

Total Expenses

$4,275

Mortgage P&I

46%

$1,875

Property Taxes

8%

$322

Home Insurance

3%

$135

HOA

0%

$0

Property Management

15%

$607

CapEx

4%

$162

Vacancy

0%

$0

Maintenance

4%

$162

Other

25%

$1,012

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