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4707 Berkley Ave, Hemet, CA 92544

3 beds • 1 baths • 1228 sqft

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This property looks like a bad Long-Term investment with a projected -10.6% first-year return on $102k initial cash invested.

-10.6%

Cash On Cash

3.93%

Cap Rate

0.67

DSCR

$2,340

Rent

-$905

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$488k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$97,540

Closing costs

1%

$4,877

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,340

Total Expenses

$3,245

Mortgage P&I

102%

$2,384

Property Taxes

3%

$81

Home Insurance

7%

$172

HOA

0%

$0

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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Comparable Property

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SQFT

Distance

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1

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2

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5

4

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

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0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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