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29739 Berea Rd, Menifee, CA 92584

3 beds • 2 baths • 1367 sqft

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This property looks like a bad Airbnb investment with a projected -16.46% first-year return on $138k initial cash invested.

-16.46%

Cash On Cash

2.17%

Cap Rate

0.37

DSCR

$3,097

Rent

-$1,891

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$571k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,709

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,097

Total Expenses

$4,988

Mortgage P&I

90%

$2,798

Property Taxes

17%

$511

Home Insurance

6%

$192

HOA

0%

$0

Property Management

15%

$465

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$774

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