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647 Scott Ave, Redwood City, CA 94063

3 beds • 2 baths • 1137 sqft

$1,299,000

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This property looks like a bad Airbnb investment with a projected -19.51% first-year return on $291k initial cash invested.

-19.51%

Cash On Cash

2.03%

Cap Rate

0.33

DSCR

$6,462

Rent

-$4,728

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,462 income − $11,190 expenses = $4,728 out of pocket

Income$6,462Out of Pocket$4,728Mortgage P&I$6,671103%Property Taxes$96315%Insurance$4557%Management$96915%CapEx$2584%Maintenance$2584%Other$1,61625%

Investment Breakdown

|

Purchase Price

$1299k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$291k

Downpayment

20%

$260k

Closing costs

1%

$12,990

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,462

Total Expenses

$11,190

Mortgage P&I

103%

$6,671

Property Taxes

15%

$963

Home Insurance

7%

$455

HOA

0%

$0

Property Management

15%

$969

CapEx

4%

$258

Vacancy

0%

$0

Maintenance

4%

$258

Other

25%

$1,616

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