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494 E Merritt Avenue, Tulare, CA 93274

3 beds • 2 baths • 1963 sqft

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This property might be a fair Mid-Term investment with a projected 0.06% first-year return on $104k initial cash invested.

0.06%

Cash On Cash

6.3%

Cap Rate

1.07

DSCR

$3,486

Rent

$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,486

Total Expenses

$3,481

Mortgage P&I

58%

$2,009

Property Taxes

4%

$144

Home Insurance

4%

$144

HOA

0%

$0

Property Management

12%

$418

CapEx

4%

$139

Vacancy

3%

$105

Maintenance

4%

$139

Other

11%

$383

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