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2614 Ohio Ave, Redwood City, CA 94061

3 beds • 2 baths • 1228 sqft

$1,945,600

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This property looks like a bad Airbnb investment with a projected -26.61% first-year return on $427k initial cash invested.

-26.61%

Cash On Cash

0.41%

Cap Rate

0.07

DSCR

$5,190

Rent

-$9,460

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,190 income − $14,650 expenses = $9,460 out of pocket

Income$5,190Out of Pocket$9,460Mortgage P&I$9,923191%Property Taxes$1,53630%Insurance$69913%Management$77815%CapEx$2084%Maintenance$2084%Other$1,29825%

Investment Breakdown

|

Purchase Price

$1946k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$427k

Downpayment

20%

$389k

Closing costs

1%

$19,456

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,190

Total Expenses

$14,650

Mortgage P&I

191%

$9,923

Property Taxes

30%

$1,536

Home Insurance

13%

$699

HOA

0%

$0

Property Management

15%

$778

CapEx

4%

$208

Vacancy

0%

$0

Maintenance

4%

$208

Other

25%

$1,298

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