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$5,896 (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 Long-Term investment with a projected -21.84% first-year return on $329k initial cash invested.

-21.84%

Cash On Cash

1.95%

Cap Rate

0.31

DSCR

$5,896

Rent

-$5,992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,896 income − $11,888 expenses = $5,992 out of pocket

Income$5,896Out of Pocket$5,992Mortgage P&I$8,250140%Property Taxes$1,53026%Insurance$57410%Management$59010%CapEx$2955%Vacancy$3546%Maintenance$2955%

Investment Breakdown

|

Purchase Price

$1568k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$329k

Downpayment

20%

$314k

Closing costs

1%

$15,680

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,896

Total Expenses

$11,888

Mortgage P&I

140%

$8,250

Property Taxes

26%

$1,530

Home Insurance

10%

$574

HOA

0%

$0

Property Management

10%

$590

CapEx

5%

$295

Vacancy

6%

$354

Maintenance

5%

$295

Other

0%

$0

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