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454 E Rustic Rd, Santa Monica, CA 90402

3 beds • 2 baths • 1516 sqft

$2,899,000

View on Zillow
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This property looks like a bad Airbnb investment with a projected -20.81% first-year return on $627k initial cash invested.

-20.81%

Cash On Cash

1.74%

Cap Rate

0.29

DSCR

$10,076

Rent

-$10,867

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,076 income − $20,943 expenses = $10,867 out of pocket

Income$10,076Out of Pocket$10,867Mortgage P&I$14,671146%Property Taxes$4214%Insurance$1,01510%Management$1,51115%CapEx$4034%Maintenance$4034%Other$2,51925%

Investment Breakdown

|

Purchase Price

$2899k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$627k

Downpayment

20%

$580k

Closing costs

1%

$28,990

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$10,076

Total Expenses

$20,943

Mortgage P&I

146%

$14,671

Property Taxes

4%

$421

Home Insurance

10%

$1,015

HOA

0%

$0

Property Management

15%

$1,511

CapEx

4%

$403

Vacancy

0%

$0

Maintenance

4%

$403

Other

25%

$2,519

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