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$8,844 (target)

2045 S Rice Rd, Ojai, CA 93023

3 beds • 3 baths • 1215 sqft

$1,568,000

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This property looks like a bad Mid-Term investment with a projected -15.61% first-year return on $347k initial cash invested.

-15.61%

Cash On Cash

3.13%

Cap Rate

0.5

DSCR

$8,844

Rent

-$4,517

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,844 income − $13,361 expenses = $4,517 out of pocket

Income$8,844Out of Pocket$4,517Mortgage P&I$8,25093%Property Taxes$1,53017%Insurance$5746%Management$1,06112%CapEx$3544%Vacancy$2653%Maintenance$3544%Other$97311%

Investment Breakdown

|

Purchase Price

$1568k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$347k

Downpayment

20%

$314k

Closing costs

1%

$15,680

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,844

Total Expenses

$13,361

Mortgage P&I

93%

$8,250

Property Taxes

17%

$1,530

Home Insurance

6%

$574

HOA

0%

$0

Property Management

12%

$1,061

CapEx

4%

$354

Vacancy

3%

$265

Maintenance

4%

$354

Other

11%

$973

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