REI Lense

REI Lense

Unlock all features! Tap here to upgrade

395 Oster Sted, Solvang, CA 93463

3 beds • 2 baths • 1573 sqft

$1,271,600

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -18.15% first-year return on $285k initial cash invested.

-18.15%

Cash On Cash

2.11%

Cap Rate

0.36

DSCR

$6,654

Rent

-$4,311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,654 income − $10,965 expenses = $4,311 out of pocket

Income$6,654Out of Pocket$4,311Mortgage P&I$6,28394%Property Taxes$93114%Insurance$4577%HOA$1002%Management$99815%CapEx$2664%Maintenance$2664%Other$1,66425%

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

$6,654

Total Expenses

$10,965

Mortgage P&I

94%

$6,283

Property Taxes

14%

$931

Home Insurance

7%

$457

HOA

2%

$100

Property Management

15%

$998

CapEx

4%

$266

Vacancy

0%

$0

Maintenance

4%

$266

Other

25%

$1,664

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis