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385 S Cornell Street, Porterville, CA 93257

2 beds • 2 baths • 910 sqft

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This property looks like a bad Airbnb investment with a projected -4.66% first-year return on $59,250 initial cash invested.

-4.66%

Cash On Cash

5.23%

Cap Rate

0.87

DSCR

$1,984

Rent

-$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

5%

$12,000

Cashflow

Total Income

$1,984

Total Expenses

$2,214

Mortgage P&I

57%

$1,132

Property Taxes

3%

$51

Home Insurance

4%

$79

HOA

0%

$0

Property Management

15%

$298

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$496

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2

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$2,850

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