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This property looks like a bad Airbnb investment with a projected -8.96% first-year return on $87,588 initial cash invested.

-8.96%

Cash On Cash

3.84%

Cap Rate

0.63

DSCR

$2,394

Rent

-$654

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,394 income − $3,048 expenses = $654 out of pocket

Income$2,394Out of Pocket$654Mortgage P&I$1,52664%Property Taxes$26811%Insurance$1054%Management$35915%CapEx$964%Maintenance$964%Other$59825%

Investment Breakdown

|

Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,588

Downpayment

20%

$60,560

Closing costs

1%

$3,028

Rehab

0%

$0

Furnishing

8%

$24,000

Cashflow

Total Income

$2,394

Total Expenses

$3,048

Mortgage P&I

64%

$1,526

Property Taxes

11%

$268

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$359

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$598

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Comparable Property

Rent

ADR

Beds

Baths

Distance

La Purisima-Spacious 4BD near Downtown Merced

$3,395

$186

4

2

0.37 mi

Cone (Gateway to Yosemite)

$2,683

$147

3

2

0.31 mi

Tiny sweet home

$2,665

$146

3

2

0.44 mi

Skylark (Gateway to Yosemite)

$2,573

$141

3

2

0.5 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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