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$4,605 (target)

2847 N Monte Verde Dr, Covina, CA 91724

3 beds • 2 baths • 2032 sqft

$1,658,900

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This property looks like a bad Long-Term investment with a projected -24.13% first-year return on $348k initial cash invested.

-24.13%

Cash On Cash

1.12%

Cap Rate

0.19

DSCR

$4,605

Rent

-$7,004

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1659k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$348k

Downpayment

20%

$332k

Closing costs

1%

$16,589

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,605

Total Expenses

$11,609

Mortgage P&I

181%

$8,325

Property Taxes

32%

$1,496

Home Insurance

13%

$592

HOA

0%

$0

Property Management

10%

$460

CapEx

5%

$230

Vacancy

6%

$276

Maintenance

5%

$230

Other

0%

$0

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