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$8,394 (target)

11827 Saddle Rd, Monterey, CA 93940

3 beds • 3 baths • 3061 sqft

$1,887,100

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This property looks like a bad Mid-Term investment with a projected -19.35% first-year return on $414k initial cash invested.

-19.35%

Cash On Cash

1.98%

Cap Rate

0.33

DSCR

$8,394

Rent

-$6,680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,394 income − $15,074 expenses = $6,680 out of pocket

Income$8,394Out of Pocket$6,680Mortgage P&I$9,450113%Property Taxes$1,83222%Insurance$6988%HOA$2403%Management$1,00712%CapEx$3364%Vacancy$2523%Maintenance$3364%Other$92311%

Investment Breakdown

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Purchase Price

$1887k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$414k

Downpayment

20%

$377k

Closing costs

1%

$18,871

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,394

Total Expenses

$15,074

Mortgage P&I

113%

$9,450

Property Taxes

22%

$1,832

Home Insurance

8%

$698

HOA

3%

$240

Property Management

12%

$1,007

CapEx

4%

$336

Vacancy

3%

$252

Maintenance

4%

$336

Other

11%

$923

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