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6840 E 10th St, Long Beach, CA 90815

3 beds • 3 baths • 2640 sqft

$1,477,300

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This property looks like a bad Airbnb investment with a projected -23.88% first-year return on $328k initial cash invested.

-23.88%

Cash On Cash

0.92%

Cap Rate

0.15

DSCR

$4,981

Rent

-$6,531

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,981 income − $11,512 expenses = $6,531 out of pocket

Income$4,981Out of Pocket$6,531Mortgage P&I$7,461150%Property Taxes$1,13623%Insurance$52511%Management$74715%CapEx$1994%Maintenance$1994%Other$1,24525%

Investment Breakdown

|

Purchase Price

$1477k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$328k

Downpayment

20%

$295k

Closing costs

1%

$14,773

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,981

Total Expenses

$11,512

Mortgage P&I

150%

$7,461

Property Taxes

23%

$1,136

Home Insurance

11%

$525

HOA

0%

$0

Property Management

15%

$747

CapEx

4%

$199

Vacancy

0%

$0

Maintenance

4%

$199

Other

25%

$1,245

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