REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6840 E 10th St, Long Beach, CA 90815

3 beds • 3 baths • 2640 sqft

$1,477,300

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -24.48% first-year return on $328k initial cash invested.

-24.48%

Cash On Cash

0.77%

Cap Rate

0.13

DSCR

$4,668

Rent

-$6,695

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,668 income − $11,363 expenses = $6,695 out of pocket

Income$4,668Out of Pocket$6,695Mortgage P&I$7,461160%Property Taxes$1,13624%Insurance$52511%Management$70015%CapEx$1874%Maintenance$1874%Other$1,16725%

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

$4,668

Total Expenses

$11,363

Mortgage P&I

160%

$7,461

Property Taxes

24%

$1,136

Home Insurance

11%

$525

HOA

0%

$0

Property Management

15%

$700

CapEx

4%

$187

Vacancy

0%

$0

Maintenance

4%

$187

Other

25%

$1,167

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis