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1112 Westcliff Dr, Newport Beach, CA 92660

4 beds • 4 baths • 2699 sqft

$4,666,200

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This property looks like a bad Long-Term investment with a projected -23.13% first-year return on $980k initial cash invested.

-23.13%

Cash On Cash

1.4%

Cap Rate

0.23

DSCR

$10,750

Rent

-$18,889

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$4666k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$980k

Downpayment

20%

$933k

Closing costs

1%

$46,662

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$10,750

Total Expenses

$29,639

Mortgage P&I

221%

$23,799

Property Taxes

14%

$1,556

Home Insurance

14%

$1,488

HOA

0%

$0

Property Management

10%

$1,075

CapEx

5%

$538

Vacancy

6%

$645

Maintenance

5%

$538

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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4

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4

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0.9 mi

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4

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0.7 mi

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4

2

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1.3 mi

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

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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