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$9,524 (target)

1860 Midlothian Dr, Altadena, CA 91001

3 beds • 3 baths • 2741 sqft

$2,895,000

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This property looks like a bad Mid-Term investment with a projected -18.14% first-year return on $626k initial cash invested.

-18.14%

Cash On Cash

2.23%

Cap Rate

0.37

DSCR

$9,524

Rent

-$9,462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,524 income − $18,986 expenses = $9,462 out of pocket

Income$9,524Out of Pocket$9,462Mortgage P&I$14,462152%Property Taxes$2723%Insurance$1,01311%Management$1,14312%CapEx$3814%Vacancy$2863%Maintenance$3814%Other$1,04811%

Investment Breakdown

|

Purchase Price

$2895k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$626k

Downpayment

20%

$579k

Closing costs

1%

$28,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,524

Total Expenses

$18,986

Mortgage P&I

152%

$14,462

Property Taxes

3%

$272

Home Insurance

11%

$1,013

HOA

0%

$0

Property Management

12%

$1,143

CapEx

4%

$381

Vacancy

3%

$286

Maintenance

4%

$381

Other

11%

$1,048

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