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$7,000 (target)

2212 Fiesta, Newport Beach, CA 92660

3 beds • 2 baths • 1685 sqft

$1,945,700

View on Zillow
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This property looks like a bad Long-Term investment with a projected -25.87% first-year return on $409k initial cash invested.

-25.87%

Cash On Cash

1.25%

Cap Rate

0.19

DSCR

$7,000

Rent

-$8,809

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,000 income − $15,809 expenses = $8,809 out of pocket

Income$7,000Out of Pocket$8,809Mortgage P&I$10,482150%Property Taxes$2,02729%Insurance$80311%HOA$67710%Management$70010%CapEx$3505%Vacancy$4206%Maintenance$3505%

Investment Breakdown

|

Purchase Price

$1946k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$409k

Downpayment

20%

$389k

Closing costs

1%

$19,457

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,000

Total Expenses

$15,809

Mortgage P&I

150%

$10,482

Property Taxes

29%

$2,027

Home Insurance

11%

$803

HOA

10%

$677

Property Management

10%

$700

CapEx

5%

$350

Vacancy

6%

$420

Maintenance

5%

$350

Other

0%

$0

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