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3553 Summerfield Dr, Sherman Oaks, CA 91423

3 beds • 2 baths • 2008 sqft

$1,625,000

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This property looks like a bad Airbnb investment with a projected -13.96% first-year return on $359k initial cash invested.

-13.96%

Cash On Cash

3.24%

Cap Rate

0.54

DSCR

$9,463

Rent

-$4,178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,463 income − $13,641 expenses = $4,178 out of pocket

Income$9,463Out of Pocket$4,178Mortgage P&I$8,19287%Property Taxes$3374%Insurance$5696%Management$1,41915%CapEx$3794%Maintenance$3794%Other$2,36625%

Investment Breakdown

|

Purchase Price

$1625k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$359k

Downpayment

20%

$325k

Closing costs

1%

$16,250

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,463

Total Expenses

$13,641

Mortgage P&I

87%

$8,192

Property Taxes

4%

$337

Home Insurance

6%

$569

HOA

0%

$0

Property Management

15%

$1,419

CapEx

4%

$379

Vacancy

0%

$0

Maintenance

4%

$379

Other

25%

$2,366

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