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1115 Sea Glass Way, Oceanside, CA 92054

2 beds • 3 baths • 1219 sqft

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This property looks like a bad Long-Term investment with a projected -19.74% first-year return on $184k initial cash invested.

-19.74%

Cash On Cash

2.18%

Cap Rate

0.36

DSCR

$3,990

Rent

-$3,032

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,990 income − $7,022 expenses = $3,032 out of pocket

Income$3,990Out of Pocket$3,032Mortgage P&I$4,424111%Property Taxes$89222%Insurance$3158%HOA$3539%Management$39910%CapEx$2005%Vacancy$2396%Maintenance$2005%

Investment Breakdown

|

Purchase Price

$878k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$184k

Downpayment

20%

$176k

Closing costs

1%

$8,777

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,990

Total Expenses

$7,022

Mortgage P&I

111%

$4,424

Property Taxes

22%

$892

Home Insurance

8%

$315

HOA

9%

$353

Property Management

10%

$399

CapEx

5%

$200

Vacancy

6%

$239

Maintenance

5%

$200

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

200 Pine St, Unit 2, Oceanside, CA 92054

$3,995

2

2.5

1364

0.8 mi

495 S Cleveland St, Unit 101, Oceanside, CA 92054

$4,900

2

2

2048

0.7 mi

810 California St, Unit 1, Oceanside, CA 92054

$4,150

3

2

1000

0.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$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

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

Projection Charts

Investment Value YoY

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