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$3,078 (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 Long-Term investment with a projected -35.1% first-year return on $398k initial cash invested.

-35.1%

Cash On Cash

-1.2%

Cap Rate

-0.2

DSCR

$3,078

Rent

-$11,654

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,078 income − $14,732 expenses = $11,654 out of pocket

Income$3,078Out of Pocket$11,654Mortgage P&I$9,597312%Property Taxes$3,196104%Insurance$1,13837%Management$30810%CapEx$1545%Vacancy$1856%Maintenance$1545%

Investment Breakdown

|

Purchase Price

$1897k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$398k

Downpayment

20%

$379k

Closing costs

1%

$18,972

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,078

Total Expenses

$14,732

Mortgage P&I

312%

$9,597

Property Taxes

104%

$3,196

Home Insurance

37%

$1,138

HOA

0%

$0

Property Management

10%

$308

CapEx

5%

$154

Vacancy

6%

$185

Maintenance

5%

$154

Other

0%

$0

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