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332 Lugonia St, Newport Beach, CA 92663

3 beds • 2 baths • 1059 sqft

$2,499,000

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This property looks like a bad Airbnb investment with a projected -18.36% first-year return on $543k initial cash invested.

-18.36%

Cash On Cash

2.28%

Cap Rate

0.38

DSCR

$12,343

Rent

-$8,306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$12,343 income − $20,649 expenses = $8,306 out of pocket

Income$12,343Out of Pocket$8,306Mortgage P&I$12,569102%Property Taxes$1,21010%Insurance$8757%HOA$701%Management$1,85115%CapEx$4944%Maintenance$4944%Other$3,08625%

Investment Breakdown

|

Purchase Price

$2499k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$543k

Downpayment

20%

$500k

Closing costs

1%

$24,990

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$12,343

Total Expenses

$20,649

Mortgage P&I

102%

$12,569

Property Taxes

10%

$1,210

Home Insurance

7%

$875

HOA

1%

$70

Property Management

15%

$1,851

CapEx

4%

$494

Vacancy

0%

$0

Maintenance

4%

$494

Other

25%

$3,086

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