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3540 Armourdale Ave, Long Beach, CA 90808

3 beds • 2 baths • 1447 sqft

$1,297,900

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This property looks like a bad Airbnb investment with a projected -18.79% first-year return on $291k initial cash invested.

-18.79%

Cash On Cash

2.05%

Cap Rate

0.34

DSCR

$5,527

Rent

-$4,550

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1298k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$291k

Downpayment

20%

$260k

Closing costs

1%

$12,979

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,527

Total Expenses

$10,077

Mortgage P&I

118%

$6,542

Property Taxes

8%

$428

Home Insurance

8%

$454

HOA

0%

$0

Property Management

15%

$829

CapEx

4%

$221

Vacancy

0%

$0

Maintenance

4%

$221

Other

25%

$1,382

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