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3200 Austin Ave, Merced, CA 95348

3 beds • 2 baths • 1099 sqft

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This property could be a profitable Mid-Term investment with a projected 10.04% first-year return on $70,500 initial cash invested.

10.04%

Cash On Cash

9.52%

Cap Rate

1.55

DSCR

$2,805

Rent

$590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,805 income − $2,215 expenses = $590 cash flow

Income$2,805Mortgage P&I$1,28246%Property Taxes$2278%Insurance$893%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%Cash Flow$590

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,805

Total Expenses

$2,215

Mortgage P&I

46%

$1,282

Property Taxes

8%

$227

Home Insurance

3%

$89

HOA

0%

$0

Property Management

0%

$0

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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