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2616 Willo Ln, Costa Mesa, CA 92627

4 beds • 3 baths • 2328 sqft

$2,410,400

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This property looks like a bad Airbnb investment with a projected -21.89% first-year return on $530k initial cash invested.

-21.89%

Cash On Cash

1.43%

Cap Rate

0.23

DSCR

$6,808

Rent

-$9,673

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2410k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$530k

Downpayment

20%

$482k

Closing costs

1%

$24,104

Rehab

0%

$0

Furnishing

1%

$24,000

Cashflow

Total Income

$6,808

Total Expenses

$16,481

Mortgage P&I

180%

$12,267

Property Taxes

1%

$74

Home Insurance

13%

$873

HOA

0%

$0

Property Management

15%

$1,021

CapEx

4%

$272

Vacancy

0%

$0

Maintenance

4%

$272

Other

25%

$1,702

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3

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