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2325 E 16th St, Newport Beach, CA 92663

4 beds • 5 baths • 3450 sqft

$5,806,200

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This property looks like a bad Long-Term investment with a projected -27.27% first-year return on $1219k initial cash invested.

-27.27%

Cash On Cash

0.38%

Cap Rate

0.06

DSCR

$12,460

Rent

-$27,705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$5806k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$1219k

Downpayment

20%

$1161k

Closing costs

1%

$58,062

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$12,460

Total Expenses

$40,165

Mortgage P&I

232%

$28,915

Property Taxes

46%

$5,737

Home Insurance

18%

$2,273

HOA

0%

$0

Property Management

10%

$1,246

CapEx

5%

$623

Vacancy

6%

$748

Maintenance

5%

$623

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

519 Santa Ana Ave, Newport Beach, CA 92663

$17,500

4

4.5

3444

0.5 mi

424 Snug Harbor Rd, Newport Beach, CA 92663

$20,000

4

4.5

4500

0.5 mi

2501 Margaret Dr, Newport Beach, CA 92663

$12,500

4

3.5

3950

0.2 mi

24 Cape, Andover, Newport Beach, CA 92660

$17,900

4

3.5

3871

0.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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