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636 Bay St, Santa Monica, CA 90405

3 beds • 3 baths • 2133 sqft

$2,416,900

View on Zillow
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This property looks like a bad Airbnb investment with a projected -21.43% first-year return on $526k initial cash invested.

-21.43%

Cash On Cash

1.48%

Cap Rate

0.25

DSCR

$8,197

Rent

-$9,384

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,197 income − $17,581 expenses = $9,384 out of pocket

Income$8,197Out of Pocket$9,384Mortgage P&I$12,034147%Property Taxes$7399%Insurance$87311%Management$1,23015%CapEx$3284%Maintenance$3284%Other$2,04925%

Investment Breakdown

|

Purchase Price

$2417k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$526k

Downpayment

20%

$483k

Closing costs

1%

$24,169

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,197

Total Expenses

$17,581

Mortgage P&I

147%

$12,034

Property Taxes

9%

$739

Home Insurance

11%

$873

HOA

0%

$0

Property Management

15%

$1,230

CapEx

4%

$328

Vacancy

0%

$0

Maintenance

4%

$328

Other

25%

$2,049

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