REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$7,476 (target)

1915 Volk Ave, Long Beach, CA 90815

3 beds • 2 baths • 1781 sqft

$1,222,000

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -10.85% first-year return on $275k initial cash invested.

-10.85%

Cash On Cash

3.87%

Cap Rate

0.64

DSCR

$7,476

Rent

-$2,484

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,476 income − $9,960 expenses = $2,484 out of pocket

Income$7,476Out of Pocket$2,484Mortgage P&I$6,12282%Property Taxes$86912%Insurance$4286%Management$89712%CapEx$2994%Vacancy$2243%Maintenance$2994%Other$82211%

Investment Breakdown

|

Purchase Price

$1222k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$275k

Downpayment

20%

$244k

Closing costs

1%

$12,220

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,476

Total Expenses

$9,960

Mortgage P&I

82%

$6,122

Property Taxes

12%

$869

Home Insurance

6%

$428

HOA

0%

$0

Property Management

12%

$897

CapEx

4%

$299

Vacancy

3%

$224

Maintenance

4%

$299

Other

11%

$822

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis