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494 E Merritt Avenue, Tulare, CA 93274

3 beds • 2 baths • 1963 sqft

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This property looks like a bad Long-Term investment with a projected -11.39% first-year return on $86,079 initial cash invested.

-11.39%

Cash On Cash

3.78%

Cap Rate

0.64

DSCR

$2,000

Rent

-$817

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,079

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,000

Total Expenses

$2,817

Mortgage P&I

100%

$2,009

Property Taxes

7%

$144

Home Insurance

7%

$144

HOA

0%

$0

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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