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$4,256 (target)

35278 Cornwall Pl, Newark, CA 94560

3 beds • 2 baths • 1407 sqft

$1,099,900

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This property looks like a bad Long-Term investment with a projected -20.79% first-year return on $231k initial cash invested.

-20.79%

Cash On Cash

2.03%

Cap Rate

0.33

DSCR

$4,256

Rent

-$4,002

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,256 income − $8,258 expenses = $4,002 out of pocket

Income$4,256Out of Pocket$4,002Mortgage P&I$5,648133%Property Taxes$1,11826%Insurance$3859%Management$42610%CapEx$2135%Vacancy$2556%Maintenance$2135%

Investment Breakdown

|

Purchase Price

$1100k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$231k

Downpayment

20%

$220k

Closing costs

1%

$10,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,256

Total Expenses

$8,258

Mortgage P&I

133%

$5,648

Property Taxes

26%

$1,118

Home Insurance

9%

$385

HOA

0%

$0

Property Management

10%

$426

CapEx

5%

$213

Vacancy

6%

$255

Maintenance

5%

$213

Other

0%

$0

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