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612 W Balboa Blvd, Newport Beach, CA 92661

3 beds • 2 baths • 1122 sqft

$2,399,000

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This property looks like a bad Airbnb investment with a projected -17.31% first-year return on $522k initial cash invested.

-17.31%

Cash On Cash

2.35%

Cap Rate

0.4

DSCR

$11,800

Rent

-$7,528

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$2399k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$522k

Downpayment

20%

$480k

Closing costs

1%

$23,990

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$11,800

Total Expenses

$19,328

Mortgage P&I

100%

$11,751

Property Taxes

9%

$1,073

Home Insurance

7%

$840

HOA

0%

$0

Property Management

15%

$1,770

CapEx

4%

$472

Vacancy

0%

$0

Maintenance

4%

$472

Other

25%

$2,950

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