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$6,810 (target)

2836 Fairmount Ave, La Crescenta, CA 91214

3 beds • 2 baths • 1459 sqft

$1,550,000

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This property looks like a bad Mid-Term investment with a projected -18.3% first-year return on $344k initial cash invested.

-18.3%

Cash On Cash

2.17%

Cap Rate

0.36

DSCR

$6,810

Rent

-$5,239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,810 income − $12,049 expenses = $5,239 out of pocket

Income$6,810Out of Pocket$5,239Mortgage P&I$7,775114%Property Taxes$1,44621%Insurance$5148%Management$81712%CapEx$2724%Vacancy$2043%Maintenance$2724%Other$74911%

Investment Breakdown

|

Purchase Price

$1550k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$344k

Downpayment

20%

$310k

Closing costs

1%

$15,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,810

Total Expenses

$12,049

Mortgage P&I

114%

$7,775

Property Taxes

21%

$1,446

Home Insurance

8%

$514

HOA

0%

$0

Property Management

12%

$817

CapEx

4%

$272

Vacancy

3%

$204

Maintenance

4%

$272

Other

11%

$749

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