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$6,699 (target)

115 Mar Vista Dr, Monterey, CA 93940

3 beds • 2 baths • 1752 sqft

$1,511,100

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This property looks like a bad Mid-Term investment with a projected -15.7% first-year return on $335k initial cash invested.

-15.7%

Cash On Cash

2.73%

Cap Rate

0.45

DSCR

$6,699

Rent

-$4,386

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,699 income − $11,085 expenses = $4,386 out of pocket

Income$6,699Out of Pocket$4,386Mortgage P&I$7,554113%Property Taxes$69510%Insurance$5588%Management$80412%CapEx$2684%Vacancy$2013%Maintenance$2684%Other$73711%

Investment Breakdown

|

Purchase Price

$1511k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$335k

Downpayment

20%

$302k

Closing costs

1%

$15,111

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,699

Total Expenses

$11,085

Mortgage P&I

113%

$7,554

Property Taxes

10%

$695

Home Insurance

8%

$558

HOA

0%

$0

Property Management

12%

$804

CapEx

4%

$268

Vacancy

3%

$201

Maintenance

4%

$268

Other

11%

$737

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