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162 N 3rd St, Banning, CA 92220

3 beds • 2 baths • 1252 sqft

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This property might be a fair Airbnb investment with a projected 0.71% first-year return on $112k initial cash invested.

0.71%

Cash On Cash

6.55%

Cap Rate

1.13

DSCR

$5,304

Rent

$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,304 income − $5,237 expenses = $67 cash flow

Income$5,304Mortgage P&I$2,17541%Property Taxes$3587%Insurance$1583%Management$79615%CapEx$2124%Maintenance$2124%Other$1,32625%Cash Flow$67

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,304

Total Expenses

$5,237

Mortgage P&I

41%

$2,175

Property Taxes

7%

$358

Home Insurance

3%

$158

HOA

0%

$0

Property Management

15%

$796

CapEx

4%

$212

Vacancy

0%

$0

Maintenance

4%

$212

Other

25%

$1,326

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