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2518 Cherry Ave, San Jose, CA 95125

4 beds • 4 baths • 3050 sqft

$2,499,000

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This property looks like a bad Long-Term investment with a projected -24.94% first-year return on $525k initial cash invested.

-24.94%

Cash On Cash

0.82%

Cap Rate

0.14

DSCR

$6,210

Rent

-$10,906

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2499k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$525k

Downpayment

20%

$500k

Closing costs

1%

$24,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,210

Total Expenses

$17,116

Mortgage P&I

198%

$12,308

Property Taxes

37%

$2,319

Home Insurance

14%

$875

HOA

0%

$0

Property Management

10%

$621

CapEx

5%

$310

Vacancy

6%

$373

Maintenance

5%

$310

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1957 James Pl, San Jose, CA 95125

$7,900

4

3.5

3125

0.8 mi

1930 Hicks Ave, San Jose, CA 95125

$6,695

4

3.5

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0.7 mi

3030 Canoas Creek Ct, San Jose, CA 95136

$5,250

4

3.5

2554

1.4 mi

1135 Pine Ave, San Jose, CA 95125

$8,000

4

3

2474

1.1 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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