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$5,839 (target)

302 Turtle Bay Ln, Costa Mesa, CA 92627

3 beds • 3 baths • 1649 sqft

$1,362,800

View on Zillow
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This property looks like a bad Long-Term investment with a projected -18.42% first-year return on $286k initial cash invested.

-18.42%

Cash On Cash

2.53%

Cap Rate

0.41

DSCR

$5,839

Rent

-$4,392

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,839 income − $10,231 expenses = $4,392 out of pocket

Income$5,839Out of Pocket$4,392Mortgage P&I$6,968119%Property Taxes$1,07318%Insurance$5229%HOA$1503%Management$58410%CapEx$2925%Vacancy$3506%Maintenance$2925%

Investment Breakdown

|

Purchase Price

$1363k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$286k

Downpayment

20%

$273k

Closing costs

1%

$13,628

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,839

Total Expenses

$10,231

Mortgage P&I

119%

$6,968

Property Taxes

18%

$1,073

Home Insurance

9%

$522

HOA

3%

$150

Property Management

10%

$584

CapEx

5%

$292

Vacancy

6%

$350

Maintenance

5%

$292

Other

0%

$0

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