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$6,674 (target)

2888 Northview Ave, Arroyo Grande, CA 93420

3 beds • 3 baths • 2787 sqft

$1,549,700

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This property looks like a bad Mid-Term investment with a projected -16.98% first-year return on $343k initial cash invested.

-16.98%

Cash On Cash

2.44%

Cap Rate

0.41

DSCR

$6,674

Rent

-$4,861

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,674 income − $11,535 expenses = $4,861 out of pocket

Income$6,674Out of Pocket$4,861Mortgage P&I$7,751116%Property Taxes$68810%Insurance$73511%HOA$921%Management$80112%CapEx$2674%Vacancy$2003%Maintenance$2674%Other$73411%

Investment Breakdown

|

Purchase Price

$1550k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$343k

Downpayment

20%

$310k

Closing costs

1%

$15,497

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,674

Total Expenses

$11,535

Mortgage P&I

116%

$7,751

Property Taxes

10%

$688

Home Insurance

11%

$735

HOA

1%

$92

Property Management

12%

$801

CapEx

4%

$267

Vacancy

3%

$200

Maintenance

4%

$267

Other

11%

$734

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