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521 Playa, Newport Beach, CA 92660

3 beds • 3 baths • 1887 sqft

$1,853,100

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This property looks like a bad Airbnb investment with a projected -26.29% first-year return on $407k initial cash invested.

-26.29%

Cash On Cash

0.27%

Cap Rate

0.05

DSCR

$5,157

Rent

-$8,919

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1853k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$407k

Downpayment

20%

$371k

Closing costs

1%

$18,531

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,157

Total Expenses

$14,076

Mortgage P&I

177%

$9,127

Property Taxes

28%

$1,437

Home Insurance

13%

$662

HOA

7%

$375

Property Management

15%

$774

CapEx

4%

$206

Vacancy

0%

$0

Maintenance

4%

$206

Other

25%

$1,289

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