REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$10,954 (target)

1013 Bay St, Santa Monica, CA 90405

3 beds • 2 baths • 2077 sqft

$2,800,000

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -24.18% first-year return on $606k initial cash invested.

-24.18%

Cash On Cash

1.69%

Cap Rate

0.25

DSCR

$10,954

Rent

-$12,210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,954 income − $23,164 expenses = $12,210 out of pocket

Income$10,954Out of Pocket$12,210Mortgage P&I$15,707143%Property Taxes$2,75325%Insurance$9809%Management$1,31412%CapEx$4384%Vacancy$3293%Maintenance$4384%Other$1,20511%

Investment Breakdown

|

Purchase Price

$2800k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$606k

Downpayment

20%

$560k

Closing costs

1%

$28,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$10,954

Total Expenses

$23,164

Mortgage P&I

143%

$15,707

Property Taxes

25%

$2,753

Home Insurance

9%

$980

HOA

0%

$0

Property Management

12%

$1,314

CapEx

4%

$438

Vacancy

3%

$329

Maintenance

4%

$438

Other

11%

$1,205

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis