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1002 Morse St, Oceanside, CA 92054

3 beds • 2 baths • 1292 sqft

$1,464,300

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This property looks like a bad Long-Term investment with a projected -21.47% first-year return on $308k initial cash invested.

-21.47%

Cash On Cash

1.8%

Cap Rate

0.29

DSCR

$4,590

Rent

-$5,502

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1464k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$308k

Downpayment

20%

$293k

Closing costs

1%

$14,643

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,590

Total Expenses

$10,092

Mortgage P&I

163%

$7,468

Property Taxes

21%

$942

Home Insurance

11%

$488

HOA

0%

$0

Property Management

10%

$459

CapEx

5%

$230

Vacancy

6%

$275

Maintenance

5%

$230

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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2

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2

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0.9 mi

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1.3 mi

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2

1

0.9 mi

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$2,850

5

4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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