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$3,043 (target)

307 Melrose Ave, Monrovia, CA 91016

3 beds • 2 baths • 1309 sqft

$1,199,000

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This property looks like a bad Long-Term investment with a projected -25.29% first-year return on $252k initial cash invested.

-25.29%

Cash On Cash

0.86%

Cap Rate

0.14

DSCR

$3,043

Rent

-$5,306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,043 income − $8,349 expenses = $5,306 out of pocket

Income$3,043Out of Pocket$5,306Mortgage P&I$6,016198%Property Taxes$1,12237%Insurance$42014%Management$30410%CapEx$1525%Vacancy$1836%Maintenance$1525%

Investment Breakdown

|

Purchase Price

$1199k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$252k

Downpayment

20%

$240k

Closing costs

1%

$11,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,043

Total Expenses

$8,349

Mortgage P&I

198%

$6,016

Property Taxes

37%

$1,122

Home Insurance

14%

$420

HOA

0%

$0

Property Management

10%

$304

CapEx

5%

$152

Vacancy

6%

$183

Maintenance

5%

$152

Other

0%

$0

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