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2885 Edgewick Rd, Glendale, CA 91206

3 beds • 3 baths • 2196 sqft

$2,990,000

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This property looks like a bad Airbnb investment with a projected -29.43% first-year return on $646k initial cash invested.

-29.43%

Cash On Cash

-0.26%

Cap Rate

-0.04

DSCR

$1,013

Rent

-$15,840

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,013 income − $16,853 expenses = $15,840 out of pocket

Income$1,013Out of Pocket$15,840Mortgage P&I$15,1431495%Property Taxes$17717%Insurance$1,046103%Management$15215%CapEx$414%Maintenance$414%Other$25325%

Investment Breakdown

|

Purchase Price

$2990k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$646k

Downpayment

20%

$598k

Closing costs

1%

$29,900

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$1,013

Total Expenses

$16,853

Mortgage P&I

1495%

$15,143

Property Taxes

17%

$177

Home Insurance

103%

$1,046

HOA

0%

$0

Property Management

15%

$152

CapEx

4%

$41

Vacancy

0%

$0

Maintenance

4%

$41

Other

25%

$253

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