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624 Park Hurst Way, Modesto, CA 95358

3 beds • 2 baths • 1463 sqft

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This property looks like a bad Airbnb investment with a projected -6.91% first-year return on $94,104 initial cash invested.

-6.91%

Cash On Cash

4.48%

Cap Rate

0.76

DSCR

$2,949

Rent

-$542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$362k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,104

Downpayment

20%

$72,480

Closing costs

1%

$3,624

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,949

Total Expenses

$3,491

Mortgage P&I

60%

$1,777

Property Taxes

6%

$166

Home Insurance

5%

$133

HOA

0%

$0

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$737

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Comparable Property

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ADR

Beds

Baths

Distance

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2

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5

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0.6 mi

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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