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7330 Padova Dr, Goleta, CA 93117

3 beds • 2 baths • 1325 sqft

$1,743,600

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This property looks like a bad Airbnb investment with a projected -16.75% first-year return on $384k initial cash invested.

-16.75%

Cash On Cash

2.66%

Cap Rate

0.44

DSCR

$10,349

Rent

-$5,362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,349 income − $15,711 expenses = $5,362 out of pocket

Income$10,349Out of Pocket$5,362Mortgage P&I$8,82085%Property Taxes$1,38213%Insurance$5425%Management$1,55215%CapEx$4144%Maintenance$4144%Other$2,58725%

Investment Breakdown

|

Purchase Price

$1744k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$384k

Downpayment

20%

$349k

Closing costs

1%

$17,436

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$10,349

Total Expenses

$15,711

Mortgage P&I

85%

$8,820

Property Taxes

13%

$1,382

Home Insurance

5%

$542

HOA

0%

$0

Property Management

15%

$1,552

CapEx

4%

$414

Vacancy

0%

$0

Maintenance

4%

$414

Other

25%

$2,587

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