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$11,870 (target)

1700 E Oceanfront, Newport Beach, CA 92661

3 beds • 6 baths • 3666 sqft

$28,236,400

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This property looks like a bad Mid-Term investment with a projected -30.89% first-year return on $5948k initial cash invested.

-30.89%

Cash On Cash

-0.41%

Cap Rate

-0.07

DSCR

$11,870

Rent

-$153,105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,870 income − $164,975 expenses = $153,105 out of pocket

Income$11,870Out of Pocket$153,105Mortgage P&I$142,8971204%Property Taxes$7,54264%Insurance$10,50088%Management$1,42412%CapEx$4754%Vacancy$3563%Maintenance$4754%Other$1,30611%

Investment Breakdown

|

Purchase Price

$28236k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$5948k

Downpayment

20%

$5647k

Closing costs

1%

$282k

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$11,870

Total Expenses

$165k

Mortgage P&I

1204%

$143k

Property Taxes

64%

$7,542

Home Insurance

88%

$10,500

HOA

0%

$0

Property Management

12%

$1,424

CapEx

4%

$475

Vacancy

3%

$356

Maintenance

4%

$475

Other

11%

$1,306

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