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6501 Pickett Ave, Garden Grove, CA 92845

3 beds • 2 baths • 1181 sqft

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This property looks like a bad Airbnb investment with a projected -15.9% first-year return on $207k initial cash invested.

-15.9%

Cash On Cash

2.44%

Cap Rate

0.42

DSCR

$4,315

Rent

-$2,740

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$899k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$207k

Downpayment

20%

$180k

Closing costs

1%

$8,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,315

Total Expenses

$7,055

Mortgage P&I

102%

$4,394

Property Taxes

6%

$274

Home Insurance

7%

$315

HOA

0%

$0

Property Management

15%

$647

CapEx

4%

$173

Vacancy

0%

$0

Maintenance

4%

$173

Other

25%

$1,079

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