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$4,617 (target)

1522 16th St, Santa Monica, CA 90404

3 beds • 4 baths • 2955 sqft

$1,897,200

View on Zillow
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This property looks like a bad Mid-Term investment with a projected -31.37% first-year return on $416k initial cash invested.

-31.37%

Cash On Cash

-0.7%

Cap Rate

-0.11

DSCR

$4,617

Rent

-$10,885

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,617 income − $15,502 expenses = $10,885 out of pocket

Income$4,617Out of Pocket$10,885Mortgage P&I$9,597208%Property Taxes$3,19669%Insurance$1,13825%Management$55412%CapEx$1854%Vacancy$1393%Maintenance$1854%Other$50811%

Investment Breakdown

|

Purchase Price

$1897k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$416k

Downpayment

20%

$379k

Closing costs

1%

$18,972

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,617

Total Expenses

$15,502

Mortgage P&I

208%

$9,597

Property Taxes

69%

$3,196

Home Insurance

25%

$1,138

HOA

0%

$0

Property Management

12%

$554

CapEx

4%

$185

Vacancy

3%

$139

Maintenance

4%

$185

Other

11%

$508

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