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$2,811 (target)

954 Martin Luther King Jr Avenue #Tulare, Tulare, CA 93274

3 beds • 2 baths • 1229 sqft

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This property might be a fair Mid-Term investment with a projected 1.6% first-year return on $86,796 initial cash invested.

1.6%

Cash On Cash

6.77%

Cap Rate

1.14

DSCR

$2,811

Rent

$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,811 income − $2,695 expenses = $116 cash flow

Income$2,811Mortgage P&I$1,62158%Property Taxes$4Insurance$1164%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%Cash Flow$116

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,796

Downpayment

20%

$65,520

Closing costs

1%

$3,276

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,811

Total Expenses

$2,695

Mortgage P&I

58%

$1,621

Property Taxes

0%

$4

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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