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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 -26.2% first-year return on $588k initial cash invested.

-26.2%

Cash On Cash

0.44%

Cap Rate

0.07

DSCR

$5,730

Rent

-$12,831

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,730 income − $18,561 expenses = $12,831 out of pocket

Income$5,730Out of Pocket$12,831Mortgage P&I$13,599237%Property Taxes$1,19821%Insurance$1,01418%Management$86015%CapEx$2294%Maintenance$2294%Other$1,43225%

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

$5,730

Total Expenses

$18,561

Mortgage P&I

237%

$13,599

Property Taxes

21%

$1,198

Home Insurance

18%

$1,014

HOA

0%

$0

Property Management

15%

$860

CapEx

4%

$229

Vacancy

0%

$0

Maintenance

4%

$229

Other

25%

$1,432

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