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$5,255 (target)

24 Lindero Ave, Long Beach, CA 90803

3 beds • 2 baths • 1944 sqft

$1,692,700

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This property looks like a bad Long-Term investment with a projected -22.42% first-year return on $355k initial cash invested.

-22.42%

Cash On Cash

1.48%

Cap Rate

0.25

DSCR

$5,255

Rent

-$6,642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,255 income − $11,897 expenses = $6,642 out of pocket

Income$5,255Out of Pocket$6,642Mortgage P&I$8,470161%Property Taxes$1,44828%Insurance$61212%Management$52610%CapEx$2635%Vacancy$3156%Maintenance$2635%

Investment Breakdown

|

Purchase Price

$1693k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$355k

Downpayment

20%

$339k

Closing costs

1%

$16,927

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,255

Total Expenses

$11,897

Mortgage P&I

161%

$8,470

Property Taxes

28%

$1,448

Home Insurance

12%

$612

HOA

0%

$0

Property Management

10%

$526

CapEx

5%

$263

Vacancy

6%

$315

Maintenance

5%

$263

Other

0%

$0

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