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$5,055 (target)

247 23rd St, Costa Mesa, CA 92627

3 beds • 3 baths • 2569 sqft

$3,250,000

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This property looks like a bad Long-Term investment with a projected -25.17% first-year return on $683k initial cash invested.

-25.17%

Cash On Cash

0.84%

Cap Rate

0.14

DSCR

$5,055

Rent

-$14,316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,055 income − $19,371 expenses = $14,316 out of pocket

Income$5,055Out of Pocket$14,316Mortgage P&I$16,347323%Property Taxes$57111%Insurance$1,13823%Management$50610%CapEx$2535%Vacancy$3036%Maintenance$2535%

Investment Breakdown

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Purchase Price

$3250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$683k

Downpayment

20%

$650k

Closing costs

1%

$32,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,055

Total Expenses

$19,371

Mortgage P&I

323%

$16,347

Property Taxes

11%

$571

Home Insurance

23%

$1,138

HOA

0%

$0

Property Management

10%

$506

CapEx

5%

$253

Vacancy

6%

$303

Maintenance

5%

$253

Other

0%

$0

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