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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 -0.36% first-year return on $111k initial cash invested.

-0.36%

Cash On Cash

6.28%

Cap Rate

1.07

DSCR

$4,779

Rent

-$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,779 income − $4,812 expenses = $33 out of pocket

Income$4,779Out of Pocket$33Mortgage P&I$2,17245%Property Taxes$1824%Insurance$1643%Management$71715%CapEx$1914%Maintenance$1914%Other$1,19525%

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

$4,779

Total Expenses

$4,812

Mortgage P&I

45%

$2,172

Property Taxes

4%

$182

Home Insurance

3%

$164

HOA

0%

$0

Property Management

15%

$717

CapEx

4%

$191

Vacancy

0%

$0

Maintenance

4%

$191

Other

25%

$1,195

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