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2587 Magellan Ln, Vista, CA 92081

3 beds • 2 baths • 2300 sqft

$1,199,000

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This property looks like a bad Airbnb investment with a projected -21.51% first-year return on $270k initial cash invested.

-21.51%

Cash On Cash

1.38%

Cap Rate

0.23

DSCR

$4,047

Rent

-$4,835

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,047 income − $8,882 expenses = $4,835 out of pocket

Income$4,047Out of Pocket$4,835Mortgage P&I$6,051150%Property Taxes$38810%Insurance$42010%HOA$802%Management$60715%CapEx$1624%Maintenance$1624%Other$1,01225%

Investment Breakdown

|

Purchase Price

$1199k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$11,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,047

Total Expenses

$8,882

Mortgage P&I

150%

$6,051

Property Taxes

10%

$388

Home Insurance

10%

$420

HOA

2%

$80

Property Management

15%

$607

CapEx

4%

$162

Vacancy

0%

$0

Maintenance

4%

$162

Other

25%

$1,012

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