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631 Junipero Ave, Pacific Grove, CA 93950

3 beds • 2 baths • 1418 sqft

$1,350,000

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This property looks like a bad Airbnb investment with a projected -7.26% first-year return on $302k initial cash invested.

-7.26%

Cash On Cash

4.72%

Cap Rate

0.79

DSCR

$10,592

Rent

-$1,824

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,592 income − $12,416 expenses = $1,824 out of pocket

Income$10,592Out of Pocket$1,824Mortgage P&I$6,71463%Property Taxes$1451%Insurance$4724%Management$1,58915%CapEx$4244%Maintenance$4244%Other$2,64825%

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$10,592

Total Expenses

$12,416

Mortgage P&I

63%

$6,714

Property Taxes

1%

$145

Home Insurance

4%

$472

HOA

0%

$0

Property Management

15%

$1,589

CapEx

4%

$424

Vacancy

0%

$0

Maintenance

4%

$424

Other

25%

$2,648

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