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3116 Del Rey Ave, Carlsbad, CA 92009

3 beds • 3 baths • 2200 sqft

$1,789,000

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This property looks like a bad Airbnb investment with a projected -24.23% first-year return on $394k initial cash invested.

-24.23%

Cash On Cash

0.8%

Cap Rate

0.13

DSCR

$4,026

Rent

-$7,949

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,026 income − $11,975 expenses = $7,949 out of pocket

Income$4,026Out of Pocket$7,949Mortgage P&I$8,982223%Property Taxes$40310%Insurance$62616%HOA$321%Management$60415%CapEx$1614%Maintenance$1614%Other$1,00625%

Investment Breakdown

|

Purchase Price

$1789k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$394k

Downpayment

20%

$358k

Closing costs

1%

$17,890

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,026

Total Expenses

$11,975

Mortgage P&I

223%

$8,982

Property Taxes

10%

$403

Home Insurance

16%

$626

HOA

1%

$32

Property Management

15%

$604

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,006

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