REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2971 Chestnut Ave, Merced, CA 95340

2 beds • 1 baths • 1120 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.36% first-year return on $68,250 initial cash invested.

-12.36%

Cash On Cash

3.62%

Cap Rate

0.61

DSCR

$1,530

Rent

-$703

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,530

Total Expenses

$2,233

Mortgage P&I

105%

$1,608

Property Taxes

7%

$114

Home Insurance

7%

$114

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1101 E North Bear Creek Dr, Merced, CA 95340

$1,650

2

1

1084

0.5 mi

2633 Mckee Rd, Merced, CA 95340

$1,700

2

1

1116

1 mi

606 E 22nd St, Merced, CA 95340

$1,545

2

1

1253

1 mi

3350 M St, Apt 55, Merced, CA 95348

$1,700

2

1.5

1163

1.2 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

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis