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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 -22.12% first-year return on $394k initial cash invested.

-22.12%

Cash On Cash

1.3%

Cap Rate

0.22

DSCR

$5,358

Rent

-$7,257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$5,358

Total Expenses

$12,615

Mortgage P&I

168%

$8,982

Property Taxes

8%

$403

Home Insurance

12%

$626

HOA

1%

$32

Property Management

15%

$804

CapEx

4%

$214

Vacancy

0%

$0

Maintenance

4%

$214

Other

25%

$1,340

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