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1078 Corbett Canyon Rd, Arroyo Grande, CA 93420
3 beds • 4 baths • 3300 sqft
$2,400,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -19.43% first-year return on $522k initial cash invested.
-19.43%
Cash On Cash
2%
Cap Rate
0.33
DSCR
$7,574
Rent
-$8,453
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,574 income − $16,027 expenses = $8,453 out of pocket
Investment Breakdown
|
Purchase Price
$2400k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$522k
Downpayment
20%
$480k
Closing costs
1%
$24,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$7,574
Total Expenses
$16,027
Mortgage P&I
160%
$12,155
Property Taxes
6%
$457
Home Insurance
11%
$840
HOA
0%
$0
Property Management
12%
$909
CapEx
4%
$303
Vacancy
3%
$227
Maintenance
4%
$303
Other
11%
$833