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$6,478 (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 Long-Term investment with a projected -17.57% first-year return on $324k initial cash invested.

-17.57%

Cash On Cash

2.64%

Cap Rate

0.43

DSCR

$6,478

Rent

-$4,739

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,478 income − $11,217 expenses = $4,739 out of pocket

Income$6,478Out of Pocket$4,739Mortgage P&I$7,802120%Property Taxes$95415%Insurance$5468%HOA$2304%Management$64810%CapEx$3245%Vacancy$3896%Maintenance$3245%

Investment Breakdown

|

Purchase Price

$1541k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$324k

Downpayment

20%

$308k

Closing costs

1%

$15,413

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,478

Total Expenses

$11,217

Mortgage P&I

120%

$7,802

Property Taxes

15%

$954

Home Insurance

8%

$546

HOA

4%

$230

Property Management

10%

$648

CapEx

5%

$324

Vacancy

6%

$389

Maintenance

5%

$324

Other

0%

$0

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