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244 Boeker Avenue, Pismo Beach, CA 93449

3 beds • 4 baths • 2000 sqft

$1,929,400

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This property looks like a bad Airbnb investment with a projected -27.44% first-year return on $423k initial cash invested.

-27.44%

Cash On Cash

0.06%

Cap Rate

0.01

DSCR

$3,769

Rent

-$9,677

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,769 income − $13,446 expenses = $9,677 out of pocket

Income$3,769Out of Pocket$9,677Mortgage P&I$9,619255%Property Taxes$1,32035%Insurance$69819%Management$56515%CapEx$1514%Maintenance$1514%Other$94225%

Investment Breakdown

|

Purchase Price

$1929k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$423k

Downpayment

20%

$386k

Closing costs

1%

$19,294

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,769

Total Expenses

$13,446

Mortgage P&I

255%

$9,619

Property Taxes

35%

$1,320

Home Insurance

19%

$698

HOA

0%

$0

Property Management

15%

$565

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$942

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