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$8,758 (target)

302 Turtle Bay Ln, Costa Mesa, CA 92627

3 beds • 3 baths • 1649 sqft

$1,362,800

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This property looks like a bad Mid-Term investment with a projected -11.57% first-year return on $304k initial cash invested.

-11.57%

Cash On Cash

3.86%

Cap Rate

0.63

DSCR

$8,758

Rent

-$2,932

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,758 income − $11,690 expenses = $2,932 out of pocket

Income$8,758Out of Pocket$2,932Mortgage P&I$6,96880%Property Taxes$1,07312%Insurance$5226%HOA$1502%Management$1,05112%CapEx$3504%Vacancy$2633%Maintenance$3504%Other$96311%

Investment Breakdown

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Purchase Price

$1363k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$304k

Downpayment

20%

$273k

Closing costs

1%

$13,628

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,758

Total Expenses

$11,690

Mortgage P&I

80%

$6,968

Property Taxes

12%

$1,073

Home Insurance

6%

$522

HOA

2%

$150

Property Management

12%

$1,051

CapEx

4%

$350

Vacancy

3%

$263

Maintenance

4%

$350

Other

11%

$963

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