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$2,340 (target)

2560 Koa Ave, Morro Bay, CA 93442

3 beds • 2 baths • 1428 sqft

$1,154,400

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This property looks like a bad Long-Term investment with a projected -26.32% first-year return on $242k initial cash invested.

-26.32%

Cash On Cash

0.65%

Cap Rate

0.11

DSCR

$2,340

Rent

-$5,318

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,340 income − $7,658 expenses = $5,318 out of pocket

Income$2,340Out of Pocket$5,318Mortgage P&I$5,827249%Property Taxes$80534%Insurance$41818%Management$23410%CapEx$1175%Vacancy$1406%Maintenance$1175%

Investment Breakdown

|

Purchase Price

$1154k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$231k

Closing costs

1%

$11,544

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,340

Total Expenses

$7,658

Mortgage P&I

249%

$5,827

Property Taxes

34%

$805

Home Insurance

18%

$418

HOA

0%

$0

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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