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1516 Alturas Dr, Burlingame, CA 94010

3 beds • 4 baths • 2340 sqft

$2,950,000

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This property looks like a bad Airbnb investment with a projected -25.63% first-year return on $638k initial cash invested.

-25.63%

Cash On Cash

0.7%

Cap Rate

0.11

DSCR

$5,555

Rent

-$13,614

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,555 income − $19,169 expenses = $13,614 out of pocket

Income$5,555Out of Pocket$13,614Mortgage P&I$15,111272%Property Taxes$3606%Insurance$1,03219%Management$83315%CapEx$2224%Maintenance$2224%Other$1,38925%

Investment Breakdown

|

Purchase Price

$2950k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$638k

Downpayment

20%

$590k

Closing costs

1%

$29,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,555

Total Expenses

$19,169

Mortgage P&I

272%

$15,111

Property Taxes

6%

$360

Home Insurance

19%

$1,032

HOA

0%

$0

Property Management

15%

$833

CapEx

4%

$222

Vacancy

0%

$0

Maintenance

4%

$222

Other

25%

$1,389

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