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1837 Andrews Dr, Concord, CA 94521

3 beds • 2 baths • 1955 sqft

$1,160,000

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This property looks like a bad Airbnb investment with a projected -24.32% first-year return on $262k initial cash invested.

-24.32%

Cash On Cash

0.64%

Cap Rate

0.11

DSCR

$3,329

Rent

-$5,302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,329 income − $8,631 expenses = $5,302 out of pocket

Income$3,329Out of Pocket$5,302Mortgage P&I$5,790174%Property Taxes$82425%Insurance$42013%Management$49915%CapEx$1334%Maintenance$1334%Other$83225%

Investment Breakdown

|

Purchase Price

$1160k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$262k

Downpayment

20%

$232k

Closing costs

1%

$11,600

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,329

Total Expenses

$8,631

Mortgage P&I

174%

$5,790

Property Taxes

25%

$824

Home Insurance

13%

$420

HOA

0%

$0

Property Management

15%

$499

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$832

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