This property looks like a bad Airbnb investment with a projected -3.02% first-year return on $91,017 initial cash invested.
-3.02%
Cash On Cash
5.79%
Cap Rate
0.96
DSCR
$3,862
Rent
-$229
Cashflow
$46,344
Annual
$115
ADR
55%
Occupancy
28%
Confidence Low
63%
Ridgecrest Score
Cash Flow
$3,862 income − $4,091 expenses = $229 out of pocket
Investment Breakdown
|
Purchase Price
$348k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,017
Downpayment
20%
$69,540
Closing costs
1%
$3,477
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,862
Total Expenses
$4,091
Mortgage P&I
45%
$1,752
Property Taxes
9%
$364
Home Insurance
3%
$122
HOA
0%
$0
Property Management
15%
$579
CapEx
4%
$154
Vacancy
0%
$0
Maintenance
4%
$154
Other
25%
$966
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Casa Blanca Clean Rooms Quiet, Relaxing, | $3,145 | $188 | 2 | 1 | 0.31 mi |
Cozy Desert Retreat | $1,188 | $71 | 2 | 1 | 0.46 mi |
Upstairs Apartment in the trees! Close to base! | $1,020 | $61 | 2 | 1 | 0.68 mi |
Comfy & Beautiful Modern Mojave Desert Condo | $2,158 | $129 | 2 | 1.5 | 0.23 mi |
★Work & Relax ~ Quiet Oasis, ♛Queen Bed, Pool, Pkg | $1,673 | $100 | 1 | 1 | 0.22 mi |
Stylish & Comfy ~ 5★ Location, Office, ♛Queen Bed | $1,740 | $104 | 1 | 1 | 0.28 mi |
Serene Business-Friendly Getaway ~ ♛Queen Bed, Pkg | $2,192 | $131 | 1 | 1 | 0.3 mi |
Casablanca Relaxing Quiet | $2,208 | $132 | 1 | 1 | 0.4 mi |
Casa Blanca Quiet Retreat Private Bath | $1,573 | $94 | 1 | 1 | 0.48 mi |
Casa Blanca Quiet Relaxing Private Bath | $1,372 | $82 | 1 | 1 | 0.53 mi |
Projection Charts
Investment Value YoY
Annualized Return
CoC vs Downpayment
CoC vs Purchase Price