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31369 Success Valley Drive, Porterville, CA 93257
3 beds • 3 baths • 2178 sqft
$627,400
View on ZillowThis property looks like a bad Airbnb investment with a projected -16.95% first-year return on $150k initial cash invested.
-16.95%
Cash On Cash
2.1%
Cap Rate
0.36
DSCR
$3,148
Rent
-$2,115
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,148 income − $5,263 expenses = $2,115 out of pocket
Investment Breakdown
|
Purchase Price
$627k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$150k
Downpayment
20%
$125k
Closing costs
1%
$6,274
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,148
Total Expenses
$5,263
Mortgage P&I
98%
$3,085
Property Taxes
14%
$445
Home Insurance
7%
$222
HOA
0%
$0
Property Management
15%
$472
CapEx
4%
$126
Vacancy
0%
$0
Maintenance
4%
$126
Other
25%
$787