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$6,020 (target)

300 Mindoro St, Morro Bay, CA 93442

3 beds • 3 baths • 1437 sqft

$1,017,500

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This property looks like a bad Mid-Term investment with a projected -10.98% first-year return on $232k initial cash invested.

-10.98%

Cash On Cash

3.73%

Cap Rate

0.63

DSCR

$6,020

Rent

-$2,119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,020 income − $8,139 expenses = $2,119 out of pocket

Income$6,020Out of Pocket$2,119Mortgage P&I$5,03784%Property Taxes$70612%Insurance$3496%Management$72212%CapEx$2414%Vacancy$1813%Maintenance$2414%Other$66211%

Investment Breakdown

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Purchase Price

$1018k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$232k

Downpayment

20%

$204k

Closing costs

1%

$10,175

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,020

Total Expenses

$8,139

Mortgage P&I

84%

$5,037

Property Taxes

12%

$706

Home Insurance

6%

$349

HOA

0%

$0

Property Management

12%

$722

CapEx

4%

$241

Vacancy

3%

$181

Maintenance

4%

$241

Other

11%

$662

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