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2325 E 16th St, Newport Beach, CA 92663

4 beds • 5 baths • 3450 sqft

$5,806,200

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This property looks like a bad Airbnb investment with a projected -29.86% first-year return on $1243k initial cash invested.

-29.86%

Cash On Cash

-0.32%

Cap Rate

-0.05

DSCR

$11,516

Rent

-$30,937

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$5806k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$1243k

Downpayment

20%

$1161k

Closing costs

1%

$58,062

Rehab

0%

$0

Furnishing

0%

$24,000

Cashflow

Total Income

$11,516

Total Expenses

$42,453

Mortgage P&I

251%

$28,915

Property Taxes

50%

$5,737

Home Insurance

20%

$2,273

HOA

0%

$0

Property Management

15%

$1,727

CapEx

4%

$461

Vacancy

0%

$0

Maintenance

4%

$461

Other

25%

$2,879

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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5

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4

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2

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5

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0.6 mi

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

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0.9 mi

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$2,850

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5

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