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2215 N Spurgeon St, Santa Ana, CA 92706

3 beds • 2 baths • 1586 sqft

$1,173,700

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This property looks like a bad Airbnb investment with a projected -21.99% first-year return on $264k initial cash invested.

-21.99%

Cash On Cash

1.22%

Cap Rate

0.2

DSCR

$4,157

Rent

-$4,846

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,157 income − $9,003 expenses = $4,846 out of pocket

Income$4,157Out of Pocket$4,846Mortgage P&I$5,871141%Property Taxes$72217%Insurance$41510%Management$62415%CapEx$1664%Maintenance$1664%Other$1,03925%

Investment Breakdown

|

Purchase Price

$1174k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$264k

Downpayment

20%

$235k

Closing costs

1%

$11,737

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,157

Total Expenses

$9,003

Mortgage P&I

141%

$5,871

Property Taxes

17%

$722

Home Insurance

10%

$415

HOA

0%

$0

Property Management

15%

$624

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,039

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