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1205 Kelly Park Cir, Morgan Hill, CA 95037

3 beds • 2 baths • 1299 sqft

$1,096,200

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This property looks like a bad Airbnb investment with a projected -30.87% first-year return on $248k initial cash invested.

-30.87%

Cash On Cash

-0.33%

Cap Rate

-0.05

DSCR

$2,554

Rent

-$6,384

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,554 income − $8,938 expenses = $6,384 out of pocket

Income$2,554Out of Pocket$6,384Mortgage P&I$5,979234%Property Taxes$1,04141%Insurance$36814%HOA$32513%Management$38315%CapEx$1024%Maintenance$1024%Other$63825%

Investment Breakdown

|

Purchase Price

$1096k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$248k

Downpayment

20%

$219k

Closing costs

1%

$10,962

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,554

Total Expenses

$8,938

Mortgage P&I

234%

$5,979

Property Taxes

41%

$1,041

Home Insurance

14%

$368

HOA

13%

$325

Property Management

15%

$383

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$638

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