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2124 Cortner Street, Hanford, CA 93230

3 beds • 2 baths • 2200 sqft

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This property looks like a bad Airbnb investment with a projected -9.3% first-year return on $129k initial cash invested.

-9.3%

Cash On Cash

4.07%

Cap Rate

0.69

DSCR

$4,387

Rent

-$996

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$527k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$105k

Closing costs

1%

$5,265

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,387

Total Expenses

$5,383

Mortgage P&I

59%

$2,608

Property Taxes

11%

$486

Home Insurance

4%

$184

HOA

0%

$0

Property Management

15%

$658

CapEx

4%

$175

Vacancy

0%

$0

Maintenance

4%

$175

Other

25%

$1,097

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