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1835 Palacia Pointe Dr, Reno, NV 89521

3 beds • 2 baths • 1719 sqft

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This property looks like a bad Airbnb investment with a projected -5.73% first-year return on $152k initial cash invested.

-5.73%

Cash On Cash

5.18%

Cap Rate

0.85

DSCR

$6,177

Rent

-$725

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$638k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$128k

Closing costs

1%

$6,379

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,177

Total Expenses

$6,902

Mortgage P&I

52%

$3,230

Property Taxes

7%

$431

Home Insurance

4%

$226

HOA

1%

$50

Property Management

15%

$927

CapEx

4%

$247

Vacancy

0%

$0

Maintenance

4%

$247

Other

25%

$1,544

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

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0.15 mi

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$7,194

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3

2.5

0.69 mi

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$5,990

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4

2.5

0.08 mi

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$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

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0.6 mi

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