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$7,588 (target)

1280 Caroline St, Alameda, CA 94501

3 beds • 3 baths • 2030 sqft

$1,999,999

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This property looks like a bad Mid-Term investment with a projected -24.51% first-year return on $438k initial cash invested.

-24.51%

Cash On Cash

1.55%

Cap Rate

0.23

DSCR

$7,588

Rent

-$8,946

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,588 income − $16,534 expenses = $8,946 out of pocket

Income$7,588Out of Pocket$8,946Mortgage P&I$11,219148%Property Taxes$2,03327%Insurance$7009%Management$91112%CapEx$3044%Vacancy$2283%Maintenance$3044%Other$83511%

Investment Breakdown

|

Purchase Price

$2000k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$438k

Downpayment

20%

$400k

Closing costs

1%

$20,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,588

Total Expenses

$16,534

Mortgage P&I

148%

$11,219

Property Taxes

27%

$2,033

Home Insurance

9%

$700

HOA

0%

$0

Property Management

12%

$911

CapEx

4%

$304

Vacancy

3%

$228

Maintenance

4%

$304

Other

11%

$835

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