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2044 E Benwood St, Covina, CA 91724

4 beds • 2 baths • 1611 sqft

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This property looks like a bad Airbnb investment with a projected -11.25% first-year return on $199k initial cash invested.

-11.25%

Cash On Cash

3.45%

Cap Rate

0.6

DSCR

$5,972

Rent

-$1,865

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$833k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$199k

Downpayment

20%

$167k

Closing costs

1%

$8,329

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$5,972

Total Expenses

$7,837

Mortgage P&I

67%

$4,023

Property Taxes

10%

$579

Home Insurance

6%

$368

HOA

0%

$0

Property Management

15%

$896

CapEx

4%

$239

Vacancy

0%

$0

Maintenance

4%

$239

Other

25%

$1,493

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