127 Springfield Ave, Huntington Beach, CA 92648
3 beds • 3 baths • 1816 sqft
$1,900,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -23.88% first-year return on $417k initial cash invested.
-23.88%
Cash On Cash
1.38%
Cap Rate
0.21
DSCR
$6,465
Rent
-$8,298
Cashflow
Cash Flow
$6,465 income − $14,763 expenses = $8,298 out of pocket
Investment Breakdown
|
Purchase Price
$1900k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$417k
Downpayment
20%
$380k
Closing costs
1%
$19,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,465
Total Expenses
$14,763
Mortgage P&I
158%
$10,221
Property Taxes
26%
$1,678
Home Insurance
10%
$665
HOA
0%
$0
Property Management
12%
$776
CapEx
4%
$259
Vacancy
3%
$194
Maintenance
4%
$259
Other
11%
$711