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$6,220 (target)

20290 E Lorencita Dr, Covina, CA 91724

3 beds • 2 baths • 1688 sqft

$1,200,000

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This property looks like a bad Mid-Term investment with a projected -11.21% first-year return on $270k initial cash invested.

-11.21%

Cash On Cash

3.73%

Cap Rate

0.62

DSCR

$6,220

Rent

-$2,522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,220 income − $8,742 expenses = $2,522 out of pocket

Income$6,220Out of Pocket$2,522Mortgage P&I$6,00497%Property Taxes$2033%Insurance$4207%Management$74612%CapEx$2494%Vacancy$1873%Maintenance$2494%Other$68411%

Investment Breakdown

|

Purchase Price

$1200k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$12,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,220

Total Expenses

$8,742

Mortgage P&I

97%

$6,004

Property Taxes

3%

$203

Home Insurance

7%

$420

HOA

0%

$0

Property Management

12%

$746

CapEx

4%

$249

Vacancy

3%

$187

Maintenance

4%

$249

Other

11%

$684

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