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29088 Overboard Dr, Menifee, CA 92585

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Airbnb investment with a projected -19.49% first-year return on $133k initial cash invested.

-19.49%

Cash On Cash

1.69%

Cap Rate

0.27

DSCR

$2,815

Rent

-$2,167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,815 income − $4,982 expenses = $2,167 out of pocket

Income$2,815Out of Pocket$2,167Mortgage P&I$2,826100%Property Taxes$53619%Insurance$1927%HOA$763%Management$42215%CapEx$1134%Maintenance$1134%Other$70425%

Investment Breakdown

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Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,497

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,815

Total Expenses

$4,982

Mortgage P&I

100%

$2,826

Property Taxes

19%

$536

Home Insurance

7%

$192

HOA

3%

$76

Property Management

15%

$422

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$704

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