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This property looks like a bad Airbnb investment with a projected -11.42% first-year return on $102k initial cash invested.

-11.42%

Cash On Cash

3.73%

Cap Rate

0.62

DSCR

$3,445

Rent

-$974

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,445 income − $4,419 expenses = $974 out of pocket

Income$3,445Out of Pocket$974Mortgage P&I$2,17463%Property Taxes$43413%Insurance$1575%Management$51715%CapEx$1384%Maintenance$1384%Other$86125%

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$86,020

Closing costs

1%

$4,301

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$3,445

Total Expenses

$4,419

Mortgage P&I

63%

$2,174

Property Taxes

13%

$434

Home Insurance

5%

$157

HOA

0%

$0

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$861

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Cottage in Historic Folsom

$4,322

$203

2

1

0.1 mi

Old Town Folsom Escape - Walk to Sutter St

$4,280

$201

2

1

0.45 mi

Old Town Escape • Cozy Cottage + King Bed

$4,194

$197

2

1

0.45 mi

Cottage in Historic Folsom

$4,258

$200

2

1

0.11 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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