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162 S Massachusetts St, Lake Elsinore, CA 92530

3 beds • 2 baths • 1210 sqft

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This property looks like a bad Airbnb investment with a projected -16.96% first-year return on $134k initial cash invested.

-16.96%

Cash On Cash

2.33%

Cap Rate

0.38

DSCR

$3,210

Rent

-$1,890

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,210 income − $5,100 expenses = $1,890 out of pocket

Income$3,210Out of Pocket$1,890Mortgage P&I$2,83288%Property Taxes$53617%Insurance$1926%Management$48215%CapEx$1284%Maintenance$1284%Other$80225%

Investment Breakdown

|

Purchase Price

$551k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,509

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,210

Total Expenses

$5,100

Mortgage P&I

88%

$2,832

Property Taxes

17%

$536

Home Insurance

6%

$192

HOA

0%

$0

Property Management

15%

$482

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$802

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