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$6,716 (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 Mid-Term investment with a projected -15.54% first-year return on $259k initial cash invested.

-15.54%

Cash On Cash

3.13%

Cap Rate

0.49

DSCR

$6,716

Rent

-$3,351

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,716 income − $10,067 expenses = $3,351 out of pocket

Income$6,716Out of Pocket$3,351Mortgage P&I$6,07190%Property Taxes$1,16917%Insurance$4026%HOA$1412%Management$80612%CapEx$2694%Vacancy$2013%Maintenance$2694%Other$73911%

Investment Breakdown

|

Purchase Price

$1147k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$259k

Downpayment

20%

$229k

Closing costs

1%

$11,467

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,716

Total Expenses

$10,067

Mortgage P&I

90%

$6,071

Property Taxes

17%

$1,169

Home Insurance

6%

$402

HOA

2%

$141

Property Management

12%

$806

CapEx

4%

$269

Vacancy

3%

$201

Maintenance

4%

$269

Other

11%

$739

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