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3467 Wrightwood Dr, Studio City, CA 91604

3 beds • 4 baths • 3040 sqft

$2,695,000

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This property looks like a bad Airbnb investment with a projected -20.17% first-year return on $584k initial cash invested.

-20.17%

Cash On Cash

1.74%

Cap Rate

0.29

DSCR

$10,251

Rent

-$9,815

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,251 income − $20,066 expenses = $9,815 out of pocket

Income$10,251Out of Pocket$9,815Mortgage P&I$13,316130%Property Taxes$8869%Insurance$9439%Management$1,53815%CapEx$4104%Maintenance$4104%Other$2,56325%

Investment Breakdown

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Purchase Price

$2695k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$584k

Downpayment

20%

$539k

Closing costs

1%

$26,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$10,251

Total Expenses

$20,066

Mortgage P&I

130%

$13,316

Property Taxes

9%

$886

Home Insurance

9%

$943

HOA

0%

$0

Property Management

15%

$1,538

CapEx

4%

$410

Vacancy

0%

$0

Maintenance

4%

$410

Other

25%

$2,563

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