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24 Thorp Spg, Mission Viejo, CA 92694

3 beds • 3 baths • 2184 sqft

$1,277,100

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This property looks like a bad Airbnb investment with a projected -21.71% first-year return on $286k initial cash invested.

-21.71%

Cash On Cash

1.46%

Cap Rate

0.24

DSCR

$5,618

Rent

-$5,178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,618 income − $10,796 expenses = $5,178 out of pocket

Income$5,618Out of Pocket$5,178Mortgage P&I$6,505116%Property Taxes$74713%Insurance$4558%HOA$3927%Management$84315%CapEx$2254%Maintenance$2254%Other$1,40425%

Investment Breakdown

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Purchase Price

$1277k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$286k

Downpayment

20%

$255k

Closing costs

1%

$12,771

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,618

Total Expenses

$10,796

Mortgage P&I

116%

$6,505

Property Taxes

13%

$747

Home Insurance

8%

$455

HOA

7%

$392

Property Management

15%

$843

CapEx

4%

$225

Vacancy

0%

$0

Maintenance

4%

$225

Other

25%

$1,404

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