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404 W Workman St, Covina, CA 91723

3 beds • 2 baths • 1472 sqft

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This property looks like a bad Airbnb investment with a projected -20.12% first-year return on $196k initial cash invested.

-20.12%

Cash On Cash

1.46%

Cap Rate

0.24

DSCR

$2,640

Rent

-$3,294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,640 income − $5,934 expenses = $3,294 out of pocket

Income$2,640Out of Pocket$3,294Mortgage P&I$4,222160%Property Taxes$1466%Insurance$29811%Management$39615%CapEx$1064%Maintenance$1064%Other$66025%

Investment Breakdown

|

Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$196k

Downpayment

20%

$170k

Closing costs

1%

$8,499

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,640

Total Expenses

$5,934

Mortgage P&I

160%

$4,222

Property Taxes

6%

$146

Home Insurance

11%

$298

HOA

0%

$0

Property Management

15%

$396

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$660

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