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$6,746 (target)

2906 Petaluma Ave, Long Beach, CA 90815

3 beds • 2 baths • 1218 sqft

$1,099,000

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This property looks like a bad Mid-Term investment with a projected -7.29% first-year return on $249k initial cash invested.

-7.29%

Cash On Cash

4.6%

Cap Rate

0.77

DSCR

$6,746

Rent

-$1,511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,746 income − $8,257 expenses = $1,511 out of pocket

Income$6,746Out of Pocket$1,511Mortgage P&I$5,45581%Property Taxes$1232%Insurance$3856%Management$81012%CapEx$2704%Vacancy$2023%Maintenance$2704%Other$74211%

Investment Breakdown

|

Purchase Price

$1099k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$220k

Closing costs

1%

$10,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,746

Total Expenses

$8,257

Mortgage P&I

81%

$5,455

Property Taxes

2%

$123

Home Insurance

6%

$385

HOA

0%

$0

Property Management

12%

$810

CapEx

4%

$270

Vacancy

3%

$202

Maintenance

4%

$270

Other

11%

$742

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