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$5,095 (target)

2198 Creekside Dr, Solvang, CA 93463

3 beds • 2 baths • 1892 sqft

$1,425,000

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This property looks like a bad Long-Term investment with a projected -17.6% first-year return on $299k initial cash invested.

-17.6%

Cash On Cash

2.57%

Cap Rate

0.42

DSCR

$5,095

Rent

-$4,388

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,095 income − $9,483 expenses = $4,388 out of pocket

Income$5,095Out of Pocket$4,388Mortgage P&I$7,181141%Property Taxes$4779%Insurance$49910%Management$51010%CapEx$2555%Vacancy$3066%Maintenance$2555%

Investment Breakdown

|

Purchase Price

$1425k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$299k

Downpayment

20%

$285k

Closing costs

1%

$14,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,095

Total Expenses

$9,483

Mortgage P&I

141%

$7,181

Property Taxes

9%

$477

Home Insurance

10%

$499

HOA

0%

$0

Property Management

10%

$510

CapEx

5%

$255

Vacancy

6%

$306

Maintenance

5%

$255

Other

0%

$0

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