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423 Sycamore Rd, Santa Monica, CA 90402

3 beds • 4 baths • 2431 sqft

$3,490,000

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This property looks like a bad Airbnb investment with a projected -21.21% first-year return on $751k initial cash invested.

-21.21%

Cash On Cash

1.55%

Cap Rate

0.26

DSCR

$10,580

Rent

-$13,273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,580 income − $23,853 expenses = $13,273 out of pocket

Income$10,580Out of Pocket$13,273Mortgage P&I$17,355164%Property Taxes$1982%Insurance$1,22212%Management$1,58715%CapEx$4234%Maintenance$4234%Other$2,64525%

Investment Breakdown

|

Purchase Price

$3490k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$751k

Downpayment

20%

$698k

Closing costs

1%

$34,900

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$10,580

Total Expenses

$23,853

Mortgage P&I

164%

$17,355

Property Taxes

2%

$198

Home Insurance

12%

$1,222

HOA

0%

$0

Property Management

15%

$1,587

CapEx

4%

$423

Vacancy

0%

$0

Maintenance

4%

$423

Other

25%

$2,645

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