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1820 Norman Way, Modesto, CA 95350

3 beds • 2 baths • 1048 sqft

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This property looks like a bad Airbnb investment with a projected -21.07% first-year return on $91,857 initial cash invested.

-21.07%

Cash On Cash

0.75%

Cap Rate

0.12

DSCR

$1,184

Rent

-$1,613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,184 income − $2,797 expenses = $1,613 out of pocket

Income$1,184Out of Pocket$1,613Mortgage P&I$1,785151%Property Taxes$31827%Insurance$12611%Management$17815%CapEx$474%Maintenance$474%Other$29625%

Investment Breakdown

|

Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,857

Downpayment

20%

$70,340

Closing costs

1%

$3,517

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,184

Total Expenses

$2,797

Mortgage P&I

151%

$1,785

Property Taxes

27%

$318

Home Insurance

11%

$126

HOA

0%

$0

Property Management

15%

$178

CapEx

4%

$47

Vacancy

0%

$0

Maintenance

4%

$47

Other

25%

$296

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