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304 Hanover Dr, Costa Mesa, CA 92626

3 beds • 2 baths • 1446 sqft

$1,859,000

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This property looks like a bad Airbnb investment with a projected -28.73% first-year return on $408k initial cash invested.

-28.73%

Cash On Cash

-0.32%

Cap Rate

-0.05

DSCR

$1,839

Rent

-$9,779

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,839 income − $11,618 expenses = $9,779 out of pocket

Income$1,839Out of Pocket$9,779Mortgage P&I$9,203500%Property Taxes$88048%Insurance$65135%Management$27615%CapEx$744%Maintenance$744%Other$46025%

Investment Breakdown

|

Purchase Price

$1859k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$408k

Downpayment

20%

$372k

Closing costs

1%

$18,590

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$1,839

Total Expenses

$11,618

Mortgage P&I

500%

$9,203

Property Taxes

48%

$880

Home Insurance

35%

$651

HOA

0%

$0

Property Management

15%

$276

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$460

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