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$4,216 (target)

2120 Messina Pl, Monterey, CA 93940

3 beds • 2 baths • 1351 sqft

$1,204,000

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This property looks like a bad Long-Term investment with a projected -21.87% first-year return on $253k initial cash invested.

-21.87%

Cash On Cash

1.69%

Cap Rate

0.28

DSCR

$4,216

Rent

-$4,609

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,216 income − $8,825 expenses = $4,609 out of pocket

Income$4,216Out of Pocket$4,609Mortgage P&I$6,091144%Property Taxes$1,19628%Insurance$44110%Management$42210%CapEx$2115%Vacancy$2536%Maintenance$2115%

Investment Breakdown

|

Purchase Price

$1204k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$253k

Downpayment

20%

$241k

Closing costs

1%

$12,040

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,216

Total Expenses

$8,825

Mortgage P&I

144%

$6,091

Property Taxes

28%

$1,196

Home Insurance

10%

$441

HOA

0%

$0

Property Management

10%

$422

CapEx

5%

$211

Vacancy

6%

$253

Maintenance

5%

$211

Other

0%

$0

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