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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 -23.91% first-year return on $394k initial cash invested.

-23.91%

Cash On Cash

0.88%

Cap Rate

0.15

DSCR

$4,229

Rent

-$7,843

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,229 income − $12,072 expenses = $7,843 out of pocket

Income$4,229Out of Pocket$7,843Mortgage P&I$8,982212%Property Taxes$40310%Insurance$62615%HOA$321%Management$63415%CapEx$1694%Maintenance$1694%Other$1,05725%

Investment Breakdown

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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

$4,229

Total Expenses

$12,072

Mortgage P&I

212%

$8,982

Property Taxes

10%

$403

Home Insurance

15%

$626

HOA

1%

$32

Property Management

15%

$634

CapEx

4%

$169

Vacancy

0%

$0

Maintenance

4%

$169

Other

25%

$1,057

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