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2137 Roussanne Ave #-lot 31, Tulare, CA 93274

3 beds • 3 baths • 1494 sqft

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This property looks like a bad Airbnb investment with a projected -3.78% first-year return on $98,829 initial cash invested.

-3.78%

Cash On Cash

5.44%

Cap Rate

0.92

DSCR

$3,991

Rent

-$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,829

Downpayment

20%

$76,980

Closing costs

1%

$3,849

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,991

Total Expenses

$4,302

Mortgage P&I

48%

$1,897

Property Taxes

9%

$353

Home Insurance

3%

$135

HOA

0%

$0

Property Management

15%

$599

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$998

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