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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 -18.02% first-year return on $328k initial cash invested.

-18.02%

Cash On Cash

2.22%

Cap Rate

0.37

DSCR

$6,531

Rent

-$4,922

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,531 income − $11,453 expenses = $4,922 out of pocket

Income$6,531Out of Pocket$4,922Mortgage P&I$7,389113%Property Taxes$4136%Insurance$5168%Management$98015%CapEx$2614%Maintenance$2614%Other$1,63325%

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

$6,531

Total Expenses

$11,453

Mortgage P&I

113%

$7,389

Property Taxes

6%

$413

Home Insurance

8%

$516

HOA

0%

$0

Property Management

15%

$980

CapEx

4%

$261

Vacancy

0%

$0

Maintenance

4%

$261

Other

25%

$1,633

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