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1530 Steinhart Ave, Redondo Beach, CA 90278

3 beds • 3 baths • 1859 sqft

$1,728,900

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This property looks like a bad Long-Term investment with a projected -18.85% first-year return on $363k initial cash invested.

-18.85%

Cash On Cash

2.28%

Cap Rate

0.38

DSCR

$6,297

Rent

-$5,703

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1729k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$363k

Downpayment

20%

$346k

Closing costs

1%

$17,289

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,297

Total Expenses

$12,000

Mortgage P&I

138%

$8,667

Property Taxes

17%

$1,083

Home Insurance

10%

$612

HOA

0%

$0

Property Management

10%

$630

CapEx

5%

$315

Vacancy

6%

$378

Maintenance

5%

$315

Other

0%

$0

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