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531 E Norberry St, Lancaster, CA 93535

3 beds • 4 baths • 1429 sqft

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This property looks like a bad Airbnb investment with a projected -4.73% first-year return on $102k initial cash invested.

-4.73%

Cash On Cash

5.18%

Cap Rate

0.87

DSCR

$3,725

Rent

-$403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,725 income − $4,128 expenses = $403 out of pocket

Income$3,725Out of Pocket$403Mortgage P&I$1,98453%Property Taxes$2166%Insurance$1404%Management$55915%CapEx$1494%Maintenance$1494%Other$93125%

Investment Breakdown

|

Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,200

Closing costs

1%

$4,010

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,725

Total Expenses

$4,128

Mortgage P&I

53%

$1,984

Property Taxes

6%

$216

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$559

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$931

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