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2212 Fiesta, Newport Beach, CA 92660

3 beds • 2 baths • 1685 sqft

$1,945,700

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This property looks like a bad Airbnb investment with a projected -29.36% first-year return on $427k initial cash invested.

-29.36%

Cash On Cash

0.2%

Cap Rate

0.03

DSCR

$6,830

Rent

-$10,437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,830 income − $17,267 expenses = $10,437 out of pocket

Income$6,830Out of Pocket$10,437Mortgage P&I$10,482153%Property Taxes$2,02730%Insurance$80312%HOA$67710%Management$1,02415%CapEx$2734%Maintenance$2734%Other$1,70825%

Investment Breakdown

|

Purchase Price

$1946k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$427k

Downpayment

20%

$389k

Closing costs

1%

$19,457

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,830

Total Expenses

$17,267

Mortgage P&I

153%

$10,482

Property Taxes

30%

$2,027

Home Insurance

12%

$803

HOA

10%

$677

Property Management

15%

$1,024

CapEx

4%

$273

Vacancy

0%

$0

Maintenance

4%

$273

Other

25%

$1,708

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