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$3,624 (target)

2720 Driftwood Dr, Madera, CA 93637

3 beds • 3 baths • 1523 sqft

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This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $99,837 initial cash invested.

1.56%

Cash On Cash

6.79%

Cap Rate

1.14

DSCR

$3,624

Rent

$130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,624 income − $3,494 expenses = $130 cash flow

Income$3,624Mortgage P&I$1,93053%Property Taxes$1935%Insurance$1384%Management$43512%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39911%Cash Flow$130

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,837

Downpayment

20%

$77,940

Closing costs

1%

$3,897

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,624

Total Expenses

$3,494

Mortgage P&I

53%

$1,930

Property Taxes

5%

$193

Home Insurance

4%

$138

HOA

0%

$0

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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