REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2431 Oceanic Drive, Fairfield, CA 94533

3 beds • 2 baths • 1230 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.31% first-year return on $102k initial cash invested.

-5.31%

Cash On Cash

4.99%

Cap Rate

0.84

DSCR

$3,308

Rent

-$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,308 income − $3,758 expenses = $450 out of pocket

Income$3,308Out of Pocket$450Mortgage P&I$1,97660%Property Taxes$552%Insurance$1404%Management$49615%CapEx$1324%Maintenance$1324%Other$82725%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,308

Total Expenses

$3,758

Mortgage P&I

60%

$1,976

Property Taxes

2%

$55

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$496

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$827

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis