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7874 Tormes Ct, Sparks, NV 89436

3 beds • 2 baths • 1706 sqft

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This property looks like a bad Airbnb investment with a projected -9.41% first-year return on $128k initial cash invested.

-9.41%

Cash On Cash

3.87%

Cap Rate

0.67

DSCR

$3,912

Rent

-$1,003

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,912 income − $4,915 expenses = $1,003 out of pocket

Income$3,912Out of Pocket$1,003Mortgage P&I$2,53665%Property Taxes$2577%Insurance$1845%HOA$612%Management$58715%CapEx$1564%Maintenance$1564%Other$97825%

Investment Breakdown

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Purchase Price

$523k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,231

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,912

Total Expenses

$4,915

Mortgage P&I

65%

$2,536

Property Taxes

7%

$257

Home Insurance

5%

$184

HOA

2%

$61

Property Management

15%

$587

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$978

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