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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 -26.7% first-year return on $365k initial cash invested.

-26.7%

Cash On Cash

0.18%

Cap Rate

0.03

DSCR

$3,811

Rent

-$8,117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,811 income − $11,928 expenses = $8,117 out of pocket

Income$3,811Out of Pocket$8,117Mortgage P&I$8,213216%Property Taxes$1,29134%Insurance$59516%Management$57215%CapEx$1524%Maintenance$1524%Other$95325%

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

$3,811

Total Expenses

$11,928

Mortgage P&I

216%

$8,213

Property Taxes

34%

$1,291

Home Insurance

16%

$595

HOA

0%

$0

Property Management

15%

$572

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$953

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