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2040 N Madison Ave, Altadena, CA 91001

3 beds • 2 baths • 1697 sqft

$1,495,000

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This property looks like a bad Airbnb investment with a projected -24.15% first-year return on $332k initial cash invested.

-24.15%

Cash On Cash

0.71%

Cap Rate

0.12

DSCR

$5,144

Rent

-$6,680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,144 income − $11,824 expenses = $6,680 out of pocket

Income$5,144Out of Pocket$6,680Mortgage P&I$7,361143%Property Taxes$1,47029%Insurance$52310%Management$77215%CapEx$2064%Maintenance$2064%Other$1,28625%

Investment Breakdown

|

Purchase Price

$1495k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$332k

Downpayment

20%

$299k

Closing costs

1%

$14,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,144

Total Expenses

$11,824

Mortgage P&I

143%

$7,361

Property Taxes

29%

$1,470

Home Insurance

10%

$523

HOA

0%

$0

Property Management

15%

$772

CapEx

4%

$206

Vacancy

0%

$0

Maintenance

4%

$206

Other

25%

$1,286

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