REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$9,292 (target)

253 Novara Dr, Long Beach, CA 90803

3 beds • 2 baths • 2129 sqft

$2,119,200

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -19.18% first-year return on $463k initial cash invested.

-19.18%

Cash On Cash

2.02%

Cap Rate

0.34

DSCR

$9,292

Rent

-$7,399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,292 income − $16,691 expenses = $7,399 out of pocket

Income$9,292Out of Pocket$7,399Mortgage P&I$10,598114%Property Taxes$2,16323%Insurance$7708%Management$1,11512%CapEx$3724%Vacancy$2793%Maintenance$3724%Other$1,02211%

Investment Breakdown

|

Purchase Price

$2119k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$463k

Downpayment

20%

$424k

Closing costs

1%

$21,192

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,292

Total Expenses

$16,691

Mortgage P&I

114%

$10,598

Property Taxes

23%

$2,163

Home Insurance

8%

$770

HOA

0%

$0

Property Management

12%

$1,115

CapEx

4%

$372

Vacancy

3%

$279

Maintenance

4%

$372

Other

11%

$1,022

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis