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833 Springville Ave, Fortuna, CA 95540

3 beds • 2.5 baths • 1918 sqft

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This property looks like a bad Airbnb investment with a projected -15.84% first-year return on $142k initial cash invested.

-15.84%

Cash On Cash

2.46%

Cap Rate

0.41

DSCR

$3,434

Rent

-$1,874

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,434 income − $5,308 expenses = $1,874 out of pocket

Income$3,434Out of Pocket$1,874Mortgage P&I$2,94786%Property Taxes$49915%Insurance$2156%Management$51515%CapEx$1374%Maintenance$1374%Other$85825%

Investment Breakdown

|

Purchase Price

$591k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,905

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,434

Total Expenses

$5,308

Mortgage P&I

86%

$2,947

Property Taxes

15%

$499

Home Insurance

6%

$215

HOA

0%

$0

Property Management

15%

$515

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$858

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