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$6,573 (target)

1422 Novato Ct, Walnut Creek, CA 94597

3 beds • 2 baths • 1266 sqft

$1,293,100

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This property looks like a bad Mid-Term investment with a projected -16.69% first-year return on $290k initial cash invested.

-16.69%

Cash On Cash

2.66%

Cap Rate

0.43

DSCR

$6,573

Rent

-$4,027

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,573 income − $10,600 expenses = $4,027 out of pocket

Income$6,573Out of Pocket$4,027Mortgage P&I$6,631101%Property Taxes$1,27019%Insurance$4647%Management$78912%CapEx$2634%Vacancy$1973%Maintenance$2634%Other$72311%

Investment Breakdown

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Purchase Price

$1293k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$290k

Downpayment

20%

$259k

Closing costs

1%

$12,931

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,573

Total Expenses

$10,600

Mortgage P&I

101%

$6,631

Property Taxes

19%

$1,270

Home Insurance

7%

$464

HOA

0%

$0

Property Management

12%

$789

CapEx

4%

$263

Vacancy

3%

$197

Maintenance

4%

$263

Other

11%

$723

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