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1639 Thompson Ave, Glendale, CA 91201

3 beds • 2 baths • 2301 sqft

$1,659,000

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This property looks like a bad Long-Term investment with a projected -15.04% first-year return on $348k initial cash invested.

-15.04%

Cash On Cash

3.18%

Cap Rate

0.52

DSCR

$6,480

Rent

-$4,366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1659k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$348k

Downpayment

20%

$332k

Closing costs

1%

$16,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,480

Total Expenses

$10,846

Mortgage P&I

130%

$8,443

Property Taxes

2%

$137

Home Insurance

9%

$581

HOA

0%

$0

Property Management

10%

$648

CapEx

5%

$324

Vacancy

6%

$389

Maintenance

5%

$324

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1500 Thompson Ave, Glendale, CA 91201

$6,500

3

2

2299

0.3 mi

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3

2

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1.1 mi

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$5,995

3

2.5

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0.4 mi

1953 Bellevue Dr, Glendale, CA 91201

$9,500

3

2.5

2247

0.4 mi

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$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

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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