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6801 Armour Dr, Oakland, CA 94611

3 beds • 4 baths • 1929 sqft

$1,395,000

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This property looks like a bad Long-Term investment with a projected -17.96% first-year return on $293k initial cash invested.

-17.96%

Cash On Cash

2.36%

Cap Rate

0.4

DSCR

$5,890

Rent

-$4,385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1395k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$293k

Downpayment

20%

$279k

Closing costs

1%

$13,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,890

Total Expenses

$10,275

Mortgage P&I

116%

$6,839

Property Taxes

24%

$1,418

Home Insurance

8%

$488

HOA

0%

$0

Property Management

10%

$589

CapEx

5%

$294

Vacancy

6%

$353

Maintenance

5%

$294

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

2373 Leimert Blvd, Oakland, CA 94602

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3

3

2110

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3

3

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1.7 mi

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3

3

2113

1.6 mi

938 Leo Way, Oakland, CA 94611

$5,800

3

2.5

2045

1 mi

104 W Rancho Del Cerro

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4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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