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395 Oster Sted, Solvang, CA 93463

3 beds • 2 baths • 1573 sqft

$1,271,600

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This property looks like a bad Airbnb investment with a projected -16.25% first-year return on $285k initial cash invested.

-16.25%

Cash On Cash

2.57%

Cap Rate

0.43

DSCR

$7,520

Rent

-$3,861

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,520 income − $11,381 expenses = $3,861 out of pocket

Income$7,520Out of Pocket$3,861Mortgage P&I$6,28384%Property Taxes$93112%Insurance$4576%HOA$1001%Management$1,12815%CapEx$3014%Maintenance$3014%Other$1,88025%

Investment Breakdown

|

Purchase Price

$1272k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$285k

Downpayment

20%

$254k

Closing costs

1%

$12,716

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,520

Total Expenses

$11,381

Mortgage P&I

84%

$6,283

Property Taxes

12%

$931

Home Insurance

6%

$457

HOA

1%

$100

Property Management

15%

$1,128

CapEx

4%

$301

Vacancy

0%

$0

Maintenance

4%

$301

Other

25%

$1,880

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