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624 Oak Ridge Dr, Los Altos, CA 94024

3 beds • 2 baths • 2108 sqft

$3,498,000

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This property looks like a bad Airbnb investment with a projected -25.09% first-year return on $753k initial cash invested.

-25.09%

Cash On Cash

0.75%

Cap Rate

0.12

DSCR

$6,976

Rent

-$15,737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$3498k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$753k

Downpayment

20%

$700k

Closing costs

1%

$34,980

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,976

Total Expenses

$22,713

Mortgage P&I

253%

$17,642

Property Taxes

7%

$499

Home Insurance

18%

$1,224

HOA

0%

$0

Property Management

15%

$1,046

CapEx

4%

$279

Vacancy

0%

$0

Maintenance

4%

$279

Other

25%

$1,744

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