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226 N Armel Dr, Covina, CA 91722

3 beds • 2 baths • 1444 sqft

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This property looks like a bad Airbnb investment with a projected -15.29% first-year return on $186k initial cash invested.

-15.29%

Cash On Cash

2.47%

Cap Rate

0.43

DSCR

$3,674

Rent

-$2,364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$798k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$7,980

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,674

Total Expenses

$6,038

Mortgage P&I

105%

$3,861

Property Taxes

4%

$135

Home Insurance

8%

$279

HOA

0%

$0

Property Management

15%

$551

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$918

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