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908 Newcastle Ct, Modesto, CA 95355

3 beds • 3 baths • 2960 sqft

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This property looks like a bad Mid-Term investment with a projected -15.71% first-year return on $203k initial cash invested.

-15.71%

Cash On Cash

2.42%

Cap Rate

0.42

DSCR

$4,218

Rent

-$2,661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$882k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$203k

Downpayment

20%

$176k

Closing costs

1%

$8,822

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,218

Total Expenses

$6,879

Mortgage P&I

101%

$4,269

Property Taxes

20%

$860

Home Insurance

7%

$315

HOA

0%

$0

Property Management

12%

$506

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$464

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