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954 Wake Forest Ct, Merced, CA 95348

3 beds • 2 baths • 1562 sqft

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This property looks like a bad Mid-Term investment with a projected -5.54% first-year return on $105k initial cash invested.

-5.54%

Cash On Cash

4.84%

Cap Rate

0.82

DSCR

$3,042

Rent

-$483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,520

Closing costs

1%

$4,126

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,042

Total Expenses

$3,525

Mortgage P&I

67%

$2,026

Property Taxes

10%

$319

Home Insurance

5%

$145

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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