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$9,717 (target)

1007 Somerton Dr, Costa Mesa, CA 92627

3 beds • 4 baths • 1896 sqft

$1,541,300

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This property looks like a bad Mid-Term investment with a projected -10.96% first-year return on $342k initial cash invested.

-10.96%

Cash On Cash

3.95%

Cap Rate

0.65

DSCR

$9,717

Rent

-$3,120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,717 income − $12,837 expenses = $3,120 out of pocket

Income$9,717Out of Pocket$3,120Mortgage P&I$7,80280%Property Taxes$95410%Insurance$5466%HOA$2302%Management$1,16612%CapEx$3894%Vacancy$2923%Maintenance$3894%Other$1,06911%

Investment Breakdown

|

Purchase Price

$1541k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$342k

Downpayment

20%

$308k

Closing costs

1%

$15,413

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,717

Total Expenses

$12,837

Mortgage P&I

80%

$7,802

Property Taxes

10%

$954

Home Insurance

6%

$546

HOA

2%

$230

Property Management

12%

$1,166

CapEx

4%

$389

Vacancy

3%

$292

Maintenance

4%

$389

Other

11%

$1,069

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