REI Lense

REI Lense

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Target property

2500 Armour Ln, Redondo Beach, CA 90278

3 beds • 2 baths • 1424 sqft

$1,441,200

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This property looks like a bad Airbnb investment with a projected -33.03% first-year return on $321k initial cash invested.

-33.03%

Cash On Cash

-1.39%

Cap Rate

-0.23

DSCR

$0

Rent

-$8,826

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $8,826 expenses = $8,826 out of pocket

Income$0Out of Pocket$8,826Mortgage P&I$7,161Property Taxes$1,158Insurance$507

Investment Breakdown

|

Purchase Price

$1441k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$321k

Downpayment

20%

$288k

Closing costs

1%

$14,412

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$0

Total Expenses

$8,826

Mortgage P&I

71610000%

$7,161

Property Taxes

11580000%

$1,158

Home Insurance

5070000%

$507

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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