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$5,503 (target)

1311 Clark Ln, Redondo Beach, CA 90278

3 beds • 3 baths • 1513 sqft

$1,443,000

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This property looks like a bad Long-Term investment with a projected -16.15% first-year return on $303k initial cash invested.

-16.15%

Cash On Cash

2.86%

Cap Rate

0.47

DSCR

$5,503

Rent

-$4,078

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,503 income − $9,581 expenses = $4,078 out of pocket

Income$5,503Out of Pocket$4,078Mortgage P&I$7,237132%Property Taxes$4288%Insurance$4869%Management$55010%CapEx$2755%Vacancy$3306%Maintenance$2755%

Investment Breakdown

|

Purchase Price

$1443k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$303k

Downpayment

20%

$289k

Closing costs

1%

$14,430

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,503

Total Expenses

$9,581

Mortgage P&I

132%

$7,237

Property Taxes

8%

$428

Home Insurance

9%

$486

HOA

0%

$0

Property Management

10%

$550

CapEx

5%

$275

Vacancy

6%

$330

Maintenance

5%

$275

Other

0%

$0

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