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602 N Michillinda Ave, Sierra Madre, CA 91024

3 beds • 2 baths • 2049 sqft

$1,651,500

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This property looks like a bad Airbnb investment with a projected -25.93% first-year return on $365k initial cash invested.

-25.93%

Cash On Cash

0.36%

Cap Rate

0.06

DSCR

$4,264

Rent

-$7,883

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,264 income − $12,147 expenses = $7,883 out of pocket

Income$4,264Out of Pocket$7,883Mortgage P&I$8,213193%Property Taxes$1,29130%Insurance$59514%Management$64015%CapEx$1714%Maintenance$1714%Other$1,06625%

Investment Breakdown

|

Purchase Price

$1652k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$365k

Downpayment

20%

$330k

Closing costs

1%

$16,515

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,264

Total Expenses

$12,147

Mortgage P&I

193%

$8,213

Property Taxes

30%

$1,291

Home Insurance

14%

$595

HOA

0%

$0

Property Management

15%

$640

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,066

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