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8 Nova Lane, Novato, CA 94945

3 beds • 2 baths • 1088 sqft

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This property looks like a bad Airbnb investment with a projected -14.72% first-year return on $216k initial cash invested.

-14.72%

Cash On Cash

2.67%

Cap Rate

0.47

DSCR

$6,126

Rent

-$2,652

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,126 income − $8,778 expenses = $2,652 out of pocket

Income$6,126Out of Pocket$2,652Mortgage P&I$4,50574%Property Taxes$1,00016%Insurance$3325%Management$91915%CapEx$2454%Maintenance$2454%Other$1,53225%

Investment Breakdown

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Purchase Price

$944k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$216k

Downpayment

20%

$189k

Closing costs

1%

$9,435

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,126

Total Expenses

$8,778

Mortgage P&I

74%

$4,505

Property Taxes

16%

$1,000

Home Insurance

5%

$332

HOA

0%

$0

Property Management

15%

$919

CapEx

4%

$245

Vacancy

0%

$0

Maintenance

4%

$245

Other

25%

$1,532

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