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$4,181 (target)

2363 Irving Ave, Monterey, CA 93940

3 beds • 2 baths • 1540 sqft

$1,085,000

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This property looks like a bad Long-Term investment with a projected -15.83% first-year return on $228k initial cash invested.

-15.83%

Cash On Cash

2.89%

Cap Rate

0.48

DSCR

$4,181

Rent

-$3,006

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,181 income − $7,187 expenses = $3,006 out of pocket

Income$4,181Out of Pocket$3,006Mortgage P&I$5,407129%Property Taxes$3137%Insurance$3809%Management$41810%CapEx$2095%Vacancy$2516%Maintenance$2095%

Investment Breakdown

|

Purchase Price

$1085k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$228k

Downpayment

20%

$217k

Closing costs

1%

$10,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,181

Total Expenses

$7,187

Mortgage P&I

129%

$5,407

Property Taxes

7%

$313

Home Insurance

9%

$380

HOA

0%

$0

Property Management

10%

$418

CapEx

5%

$209

Vacancy

6%

$251

Maintenance

5%

$209

Other

0%

$0

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