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$4,698 (target)

2141 Snowden Ave, Long Beach, CA 90815

3 beds • 2 baths • 1550 sqft

$1,295,000

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This property looks like a bad Long-Term investment with a projected -17.3% first-year return on $272k initial cash invested.

-17.3%

Cash On Cash

2.64%

Cap Rate

0.44

DSCR

$4,698

Rent

-$3,921

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,698 income − $8,619 expenses = $3,921 out of pocket

Income$4,698Out of Pocket$3,921Mortgage P&I$6,540139%Property Taxes$4049%Insurance$45310%Management$47010%CapEx$2355%Vacancy$2826%Maintenance$2355%

Investment Breakdown

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Purchase Price

$1295k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$272k

Downpayment

20%

$259k

Closing costs

1%

$12,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,698

Total Expenses

$8,619

Mortgage P&I

139%

$6,540

Property Taxes

9%

$404

Home Insurance

10%

$453

HOA

0%

$0

Property Management

10%

$470

CapEx

5%

$235

Vacancy

6%

$282

Maintenance

5%

$235

Other

0%

$0

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