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3029 Forest Way, Pebble Beach, CA 93953

3 beds • 3 baths • 2531 sqft

$2,712,400

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This property looks like a bad Airbnb investment with a projected -25.51% first-year return on $588k initial cash invested.

-25.51%

Cash On Cash

0.6%

Cap Rate

0.1

DSCR

$6,385

Rent

-$12,490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,385 income − $18,875 expenses = $12,490 out of pocket

Income$6,385Out of Pocket$12,490Mortgage P&I$13,599213%Property Taxes$1,19819%Insurance$1,01416%Management$95815%CapEx$2554%Maintenance$2554%Other$1,59625%

Investment Breakdown

|

Purchase Price

$2712k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$588k

Downpayment

20%

$542k

Closing costs

1%

$27,124

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,385

Total Expenses

$18,875

Mortgage P&I

213%

$13,599

Property Taxes

19%

$1,198

Home Insurance

16%

$1,014

HOA

0%

$0

Property Management

15%

$958

CapEx

4%

$255

Vacancy

0%

$0

Maintenance

4%

$255

Other

25%

$1,596

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