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3003 Millar Ave, Santa Clara, CA 95051

3 beds • 2 baths • 1248 sqft

$1,911,000

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This property looks like a bad Airbnb investment with a projected -22.91% first-year return on $419k initial cash invested.

-22.91%

Cash On Cash

1.27%

Cap Rate

0.21

DSCR

$6,896

Rent

-$8,005

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,896 income − $14,901 expenses = $8,005 out of pocket

Income$6,896Out of Pocket$8,005Mortgage P&I$9,747141%Property Taxes$1,19717%Insurance$6479%Management$1,03415%CapEx$2764%Maintenance$2764%Other$1,72425%

Investment Breakdown

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Purchase Price

$1911k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$419k

Downpayment

20%

$382k

Closing costs

1%

$19,110

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,896

Total Expenses

$14,901

Mortgage P&I

141%

$9,747

Property Taxes

17%

$1,197

Home Insurance

9%

$647

HOA

0%

$0

Property Management

15%

$1,034

CapEx

4%

$276

Vacancy

0%

$0

Maintenance

4%

$276

Other

25%

$1,724

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