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2704 3rd St, Santa Monica, CA 90405

4 beds • 2 baths • 1480 sqft

$2,039,800

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This property looks like a bad Airbnb investment with a projected -33.49% first-year return on $452k initial cash invested.

-33.49%

Cash On Cash

-0.99%

Cap Rate

-0.16

DSCR

$8,374

Rent

-$12,626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$2040k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$452k

Downpayment

20%

$408k

Closing costs

1%

$20,398

Rehab

0%

$0

Furnishing

1%

$24,000

Cashflow

Total Income

$8,374

Total Expenses

$21,000

Mortgage P&I

127%

$10,607

Property Taxes

35%

$2,945

Home Insurance

13%

$1,048

HOA

28%

$2,380

Property Management

15%

$1,256

CapEx

4%

$335

Vacancy

0%

$0

Maintenance

4%

$335

Other

25%

$2,094

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