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587 Fairlane Pl, Santa Maria, CA 93455

3 beds • 2 baths • 1290 sqft

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This property looks like a bad Airbnb investment with a projected -12.58% first-year return on $161k initial cash invested.

-12.58%

Cash On Cash

3.22%

Cap Rate

0.55

DSCR

$4,522

Rent

-$1,691

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,522 income − $6,213 expenses = $1,691 out of pocket

Income$4,522Out of Pocket$1,691Mortgage P&I$3,34274%Property Taxes$46110%Insurance$2405%Management$67815%CapEx$1814%Maintenance$1814%Other$1,13025%

Investment Breakdown

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Purchase Price

$682k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$136k

Closing costs

1%

$6,821

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,522

Total Expenses

$6,213

Mortgage P&I

74%

$3,342

Property Taxes

10%

$461

Home Insurance

5%

$240

HOA

0%

$0

Property Management

15%

$678

CapEx

4%

$181

Vacancy

0%

$0

Maintenance

4%

$181

Other

25%

$1,130

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