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8 Laurel Ct, Belmont, CA 94002

3 beds • 2 baths • 1120 sqft

$1,475,000

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This property looks like a bad Airbnb investment with a projected -23.08% first-year return on $328k initial cash invested.

-23.08%

Cash On Cash

1.01%

Cap Rate

0.17

DSCR

$3,875

Rent

-$6,303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,875 income − $10,178 expenses = $6,303 out of pocket

Income$3,875Out of Pocket$6,303Mortgage P&I$7,389191%Property Taxes$41311%Insurance$51613%Management$58115%CapEx$1554%Maintenance$1554%Other$96925%

Investment Breakdown

|

Purchase Price

$1475k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$328k

Downpayment

20%

$295k

Closing costs

1%

$14,750

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,875

Total Expenses

$10,178

Mortgage P&I

191%

$7,389

Property Taxes

11%

$413

Home Insurance

13%

$516

HOA

0%

$0

Property Management

15%

$581

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$969

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