REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,357 (target)

2560 Elm Ave, Morro Bay, CA 93442

3 beds • 3 baths • 2583 sqft

$1,299,000

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -22.32% first-year return on $273k initial cash invested.

-22.32%

Cash On Cash

1.67%

Cap Rate

0.27

DSCR

$4,357

Rent

-$5,075

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,357 income − $9,432 expenses = $5,075 out of pocket

Income$4,357Out of Pocket$5,075Mortgage P&I$6,664153%Property Taxes$1,18027%Insurance$45510%Management$43610%CapEx$2185%Vacancy$2616%Maintenance$2185%

Investment Breakdown

|

Purchase Price

$1299k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$273k

Downpayment

20%

$260k

Closing costs

1%

$12,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,357

Total Expenses

$9,432

Mortgage P&I

153%

$6,664

Property Taxes

27%

$1,180

Home Insurance

10%

$455

HOA

0%

$0

Property Management

10%

$436

CapEx

5%

$218

Vacancy

6%

$261

Maintenance

5%

$218

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis