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5024 Meadow Way, Banning, CA 92220

3 beds • 2 baths • 1485 sqft

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This property looks like a bad Airbnb investment with a projected -1.14% first-year return on $111k initial cash invested.

-1.14%

Cash On Cash

6.07%

Cap Rate

1.04

DSCR

$4,636

Rent

-$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,636 income − $4,742 expenses = $106 out of pocket

Income$4,636Out of Pocket$106Mortgage P&I$2,17247%Property Taxes$1824%Insurance$1644%Management$69515%CapEx$1854%Maintenance$1854%Other$1,15925%

Investment Breakdown

|

Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,980

Closing costs

1%

$4,449

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,636

Total Expenses

$4,742

Mortgage P&I

47%

$2,172

Property Taxes

4%

$182

Home Insurance

4%

$164

HOA

0%

$0

Property Management

15%

$695

CapEx

4%

$185

Vacancy

0%

$0

Maintenance

4%

$185

Other

25%

$1,159

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