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2611 W Theta Avenue W, Porterville, CA 93257

3 beds • 2 baths • 1599 sqft

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This property looks like a bad Airbnb investment with a projected -1.28% first-year return on $95,700 initial cash invested.

-1.28%

Cash On Cash

6.08%

Cap Rate

1.03

DSCR

$4,070

Rent

-$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,700

Downpayment

20%

$74,000

Closing costs

1%

$3,700

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,070

Total Expenses

$4,172

Mortgage P&I

45%

$1,814

Property Taxes

7%

$274

Home Insurance

3%

$130

HOA

0%

$0

Property Management

15%

$610

CapEx

4%

$163

Vacancy

0%

$0

Maintenance

4%

$163

Other

25%

$1,018

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