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2971 Chestnut Ave, Merced, CA 95340

2 beds • 1 baths • 1120 sqft

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This property looks like a bad Airbnb investment with a projected -7.37% first-year return on $80,250 initial cash invested.

-7.37%

Cash On Cash

4.5%

Cap Rate

0.76

DSCR

$2,582

Rent

-$493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

4%

$12,000

Cashflow

Total Income

$2,582

Total Expenses

$3,075

Mortgage P&I

62%

$1,608

Property Taxes

4%

$114

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$646

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