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2330 Saint Joseph Ave, Long Beach, CA 90815

3 beds • 2 baths • 1252 sqft

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This property looks like a bad Airbnb investment with a projected -8.76% first-year return on $215k initial cash invested.

-8.76%

Cash On Cash

4.4%

Cap Rate

0.73

DSCR

$8,012

Rent

-$1,570

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,012 income − $9,582 expenses = $1,570 out of pocket

Income$8,012Out of Pocket$1,570Mortgage P&I$4,69459%Property Taxes$7119%Insurance$3324%Management$1,20215%CapEx$3204%Maintenance$3204%Other$2,00325%

Investment Breakdown

|

Purchase Price

$939k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$215k

Downpayment

20%

$188k

Closing costs

1%

$9,387

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,012

Total Expenses

$9,582

Mortgage P&I

59%

$4,694

Property Taxes

9%

$711

Home Insurance

4%

$332

HOA

0%

$0

Property Management

15%

$1,202

CapEx

4%

$320

Vacancy

0%

$0

Maintenance

4%

$320

Other

25%

$2,003

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