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$4,477 (target)

7318 Carter Ave, Newark, CA 94560

3 beds • 3 baths • 2006 sqft

$1,146,700

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This property looks like a bad Long-Term investment with a projected -22.28% first-year return on $241k initial cash invested.

-22.28%

Cash On Cash

1.91%

Cap Rate

0.3

DSCR

$4,477

Rent

-$4,471

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,477 income − $8,948 expenses = $4,471 out of pocket

Income$4,477Out of Pocket$4,471Mortgage P&I$6,071136%Property Taxes$1,16926%Insurance$4029%HOA$1413%Management$44810%CapEx$2245%Vacancy$2696%Maintenance$2245%

Investment Breakdown

|

Purchase Price

$1147k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$241k

Downpayment

20%

$229k

Closing costs

1%

$11,467

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,477

Total Expenses

$8,948

Mortgage P&I

136%

$6,071

Property Taxes

26%

$1,169

Home Insurance

9%

$402

HOA

3%

$141

Property Management

10%

$448

CapEx

5%

$224

Vacancy

6%

$269

Maintenance

5%

$224

Other

0%

$0

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