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688 31st St, Oakland, CA 94609

3 beds • 2 baths • 1769 sqft

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This property looks like a bad Long-Term investment with a projected -17.43% first-year return on $168k initial cash invested.

-17.43%

Cash On Cash

2.6%

Cap Rate

0.43

DSCR

$3,570

Rent

-$2,437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,570 income − $6,007 expenses = $2,437 out of pocket

Income$3,570Out of Pocket$2,437Mortgage P&I$3,988112%Property Taxes$81223%Insurance$2808%Management$35710%CapEx$1785%Vacancy$2146%Maintenance$1785%

Investment Breakdown

|

Purchase Price

$799k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$160k

Closing costs

1%

$7,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,570

Total Expenses

$6,007

Mortgage P&I

112%

$3,988

Property Taxes

23%

$812

Home Insurance

8%

$280

HOA

0%

$0

Property Management

10%

$357

CapEx

5%

$178

Vacancy

6%

$214

Maintenance

5%

$178

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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2

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3

2

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

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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

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

Projection Charts

Investment Value YoY

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