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6038 Loomis St, Lakewood, CA 90713

3 beds • 2 baths • 1602 sqft

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This property looks like a bad Airbnb investment with a projected -11.57% first-year return on $221k initial cash invested.

-11.57%

Cash On Cash

3.53%

Cap Rate

0.6

DSCR

$6,003

Rent

-$2,136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,003 income − $8,139 expenses = $2,136 out of pocket

Income$6,003Out of Pocket$2,136Mortgage P&I$4,74879%Property Taxes$1713%Insurance$3396%Management$90015%CapEx$2404%Maintenance$2404%Other$1,50125%

Investment Breakdown

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Purchase Price

$969k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$221k

Downpayment

20%

$194k

Closing costs

1%

$9,690

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,003

Total Expenses

$8,139

Mortgage P&I

79%

$4,748

Property Taxes

3%

$171

Home Insurance

6%

$339

HOA

0%

$0

Property Management

15%

$900

CapEx

4%

$240

Vacancy

0%

$0

Maintenance

4%

$240

Other

25%

$1,501

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