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2616 Willo Ln, Costa Mesa, CA 92627

4 beds • 3 baths • 2328 sqft

$2,410,400

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This property looks like a bad Long-Term investment with a projected -17.69% first-year return on $506k initial cash invested.

-17.69%

Cash On Cash

2.58%

Cap Rate

0.42

DSCR

$7,770

Rent

-$7,463

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2410k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$506k

Downpayment

20%

$482k

Closing costs

1%

$24,104

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,770

Total Expenses

$15,233

Mortgage P&I

158%

$12,267

Property Taxes

1%

$74

Home Insurance

11%

$873

HOA

0%

$0

Property Management

10%

$777

CapEx

5%

$388

Vacancy

6%

$466

Maintenance

5%

$388

Other

0%

$0

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Comparable Property

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2

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2

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5

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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