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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 -22.86% first-year return on $328k initial cash invested.

-22.86%

Cash On Cash

1.06%

Cap Rate

0.18

DSCR

$3,991

Rent

-$6,244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,991 income − $10,235 expenses = $6,244 out of pocket

Income$3,991Out of Pocket$6,244Mortgage P&I$7,389185%Property Taxes$41310%Insurance$51613%Management$59915%CapEx$1604%Maintenance$1604%Other$99825%

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

$3,991

Total Expenses

$10,235

Mortgage P&I

185%

$7,389

Property Taxes

10%

$413

Home Insurance

13%

$516

HOA

0%

$0

Property Management

15%

$599

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$998

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