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$9,470 (target)

2520 Janin Way, Solvang, CA 93463

3 beds • 3 baths • 2473 sqft

$1,495,000

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This property looks like a bad Mid-Term investment with a projected -11.47% first-year return on $332k initial cash invested.

-11.47%

Cash On Cash

3.83%

Cap Rate

0.63

DSCR

$9,470

Rent

-$3,174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,470 income − $12,644 expenses = $3,174 out of pocket

Income$9,470Out of Pocket$3,174Mortgage P&I$7,56880%Property Taxes$1,33314%Insurance$5236%Management$1,13612%CapEx$3794%Vacancy$2843%Maintenance$3794%Other$1,04211%

Investment Breakdown

|

Purchase Price

$1495k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$332k

Downpayment

20%

$299k

Closing costs

1%

$14,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,470

Total Expenses

$12,644

Mortgage P&I

80%

$7,568

Property Taxes

14%

$1,333

Home Insurance

6%

$523

HOA

0%

$0

Property Management

12%

$1,136

CapEx

4%

$379

Vacancy

3%

$284

Maintenance

4%

$379

Other

11%

$1,042

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