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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 Long-Term investment with a projected -12.49% first-year return on $168k initial cash invested.

-12.49%

Cash On Cash

3.44%

Cap Rate

0.59

DSCR

$3,420

Rent

-$1,744

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

$168k

Downpayment

20%

$160k

Closing costs

1%

$7,980

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,420

Total Expenses

$5,164

Mortgage P&I

113%

$3,861

Property Taxes

4%

$135

Home Insurance

8%

$279

HOA

0%

$0

Property Management

10%

$342

CapEx

5%

$171

Vacancy

6%

$205

Maintenance

5%

$171

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

758 N Armel Dr, Covina, CA 91722

$3,950

3

2

1443

0.4 mi

1145 W Bridger St, Covina, CA 91722

$3,875

3

2

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0.7 mi

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$3,400

3

2

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1 mi

876 W Edna Pl, Covina, CA 91722

$3,550

3

2

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0.4 mi

104 W Rancho Del Cerro

$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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