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1501 8th St, Alameda, CA 94501

3 beds • 3 baths • 1839 sqft

$1,231,400

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This property looks like a bad Airbnb investment with a projected -22.8% first-year return on $277k initial cash invested.

-22.8%

Cash On Cash

1%

Cap Rate

0.17

DSCR

$4,249

Rent

-$5,255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,249 income − $9,504 expenses = $5,255 out of pocket

Income$4,249Out of Pocket$5,255Mortgage P&I$6,115144%Property Taxes$1,00424%Insurance$3468%Management$63715%CapEx$1704%Maintenance$1704%Other$1,06225%

Investment Breakdown

|

Purchase Price

$1231k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$277k

Downpayment

20%

$246k

Closing costs

1%

$12,314

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,249

Total Expenses

$9,504

Mortgage P&I

144%

$6,115

Property Taxes

24%

$1,004

Home Insurance

8%

$346

HOA

0%

$0

Property Management

15%

$637

CapEx

4%

$170

Vacancy

0%

$0

Maintenance

4%

$170

Other

25%

$1,062

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