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$6,126 (target)

2848 Foothill Rd, Santa Barbara, CA 93105

3 beds • 3 baths • 1373 sqft

$1,396,000

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This property looks like a bad Mid-Term investment with a projected -21.25% first-year return on $311k initial cash invested.

-21.25%

Cash On Cash

1.82%

Cap Rate

0.29

DSCR

$6,126

Rent

-$5,510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,126 income − $11,636 expenses = $5,510 out of pocket

Income$6,126Out of Pocket$5,510Mortgage P&I$7,381120%Property Taxes$1,56025%Insurance$61210%Management$73512%CapEx$2454%Vacancy$1843%Maintenance$2454%Other$67411%

Investment Breakdown

|

Purchase Price

$1396k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$311k

Downpayment

20%

$279k

Closing costs

1%

$13,960

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,126

Total Expenses

$11,636

Mortgage P&I

120%

$7,381

Property Taxes

25%

$1,560

Home Insurance

10%

$612

HOA

0%

$0

Property Management

12%

$735

CapEx

4%

$245

Vacancy

3%

$184

Maintenance

4%

$245

Other

11%

$674

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