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1428 Ontario Ave, Pasadena, CA 91103

4 beds • 2 baths • 1691 sqft

$1,724,000

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This property looks like a bad Long-Term investment with a projected -18.66% first-year return on $362k initial cash invested.

-18.66%

Cash On Cash

2.24%

Cap Rate

0.38

DSCR

$5,930

Rent

-$5,629

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1724k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$362k

Downpayment

20%

$345k

Closing costs

1%

$17,240

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,930

Total Expenses

$11,559

Mortgage P&I

144%

$8,558

Property Taxes

13%

$788

Home Insurance

11%

$672

HOA

0%

$0

Property Management

10%

$593

CapEx

5%

$296

Vacancy

6%

$356

Maintenance

5%

$296

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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$4,600

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2

1700

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2

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0.7 mi

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4

2

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1.4 mi

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2

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1.4 mi

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2

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1.3 mi

1255 S Forest Knoll St

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2

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0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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