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$7,652 (target)

1426 Newporter Way, Newport Beach, CA 92660

3 beds • 3 baths • 2434 sqft

$3,020,600

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This property looks like a bad Long-Term investment with a projected -22.7% first-year return on $634k initial cash invested.

-22.7%

Cash On Cash

1.46%

Cap Rate

0.24

DSCR

$7,652

Rent

-$12,001

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,652 income − $19,653 expenses = $12,001 out of pocket

Income$7,652Out of Pocket$12,001Mortgage P&I$15,302200%Property Taxes$6519%Insurance$1,08514%HOA$6258%Management$76510%CapEx$3835%Vacancy$4596%Maintenance$3835%

Investment Breakdown

|

Purchase Price

$3021k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$634k

Downpayment

20%

$604k

Closing costs

1%

$30,206

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,652

Total Expenses

$19,653

Mortgage P&I

200%

$15,302

Property Taxes

9%

$651

Home Insurance

14%

$1,085

HOA

8%

$625

Property Management

10%

$765

CapEx

5%

$383

Vacancy

6%

$459

Maintenance

5%

$383

Other

0%

$0

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