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3253 Gopher Ridge Dr, Folsom, CA 95630

4 beds • 3 baths • 2901 sqft

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This property looks like a bad Airbnb investment with a projected -21.4% first-year return on $219k initial cash invested.

-21.4%

Cash On Cash

1.04%

Cap Rate

0.18

DSCR

$3,944

Rent

-$3,907

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$929k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$219k

Downpayment

20%

$186k

Closing costs

1%

$9,289

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$3,944

Total Expenses

$7,851

Mortgage P&I

115%

$4,554

Property Taxes

27%

$1,071

Home Insurance

8%

$332

HOA

0%

$0

Property Management

15%

$592

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$986

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Modern Charming 4BR Home Family-Friendly Fast WiFi

$6,944

$289

4

3

0.41 mi

Budget friendly and clean

$5,431

$226

4

3

0.33 mi

3Br/2.5Ba | Cozy Mid-Term Rental Oasis| Folsom, CA

$4,782

$199

3

2.5

0.59 mi

Sunny Folsom Escape: Cozy Vibes & Stylish Stay

$6,872

$286

3

2.5

0.7 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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