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$6,078 (target)

1449 Merriwether Way, El Cajon, CA 92019

3 beds • 2 baths • 1958 sqft

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This property looks like a bad Mid-Term investment with a projected -8.36% first-year return on $218k initial cash invested.

-8.36%

Cash On Cash

4.4%

Cap Rate

0.73

DSCR

$6,078

Rent

-$1,515

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,078 income − $7,593 expenses = $1,515 out of pocket

Income$6,078Out of Pocket$1,515Mortgage P&I$4,75678%Property Taxes$4397%Insurance$3325%Management$72912%CapEx$2434%Vacancy$1823%Maintenance$2434%Other$66911%

Investment Breakdown

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Purchase Price

$950k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$218k

Downpayment

20%

$190k

Closing costs

1%

$9,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,078

Total Expenses

$7,593

Mortgage P&I

78%

$4,756

Property Taxes

7%

$439

Home Insurance

5%

$332

HOA

0%

$0

Property Management

12%

$729

CapEx

4%

$243

Vacancy

3%

$182

Maintenance

4%

$243

Other

11%

$669

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