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3070 Spring Solstice Ct, Las Vegas, NV 89138

3 beds • 3 baths • 2452 sqft

$1,151,800

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This property looks like a bad Airbnb investment with a projected -31.91% first-year return on $260k initial cash invested.

-31.91%

Cash On Cash

-0.35%

Cap Rate

-0.05

DSCR

$2,250

Rent

-$6,911

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,250 income − $9,161 expenses = $6,911 out of pocket

Income$2,250Out of Pocket$6,911Mortgage P&I$6,485288%Property Taxes$74433%Insurance$42019%HOA$43219%Management$33815%CapEx$904%Maintenance$904%Other$56225%

Investment Breakdown

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Purchase Price

$1152k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$260k

Downpayment

20%

$230k

Closing costs

1%

$11,518

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,250

Total Expenses

$9,161

Mortgage P&I

288%

$6,485

Property Taxes

33%

$744

Home Insurance

19%

$420

HOA

19%

$432

Property Management

15%

$338

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$562

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