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$6,717 (target)

3008 Karen Ave, Long Beach, CA 90808

3 beds • 2 baths • 1245 sqft

$1,480,700

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This property looks like a bad Mid-Term investment with a projected -20.53% first-year return on $329k initial cash invested.

-20.53%

Cash On Cash

2.19%

Cap Rate

0.34

DSCR

$6,717

Rent

-$5,627

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,717 income − $12,344 expenses = $5,627 out of pocket

Income$6,717Out of Pocket$5,627Mortgage P&I$8,060120%Property Taxes$1,47422%Insurance$5258%Management$80612%CapEx$2694%Vacancy$2023%Maintenance$2694%Other$73911%

Investment Breakdown

|

Purchase Price

$1481k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$329k

Downpayment

20%

$296k

Closing costs

1%

$14,807

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,717

Total Expenses

$12,344

Mortgage P&I

120%

$8,060

Property Taxes

22%

$1,474

Home Insurance

8%

$525

HOA

0%

$0

Property Management

12%

$806

CapEx

4%

$269

Vacancy

3%

$202

Maintenance

4%

$269

Other

11%

$739

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