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$4,417 (target)

310 2nd St, Solvang, CA 93463

3 beds • 3 baths • 2070 sqft

$1,160,300

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This property looks like a bad Long-Term investment with a projected -20.1% first-year return on $244k initial cash invested.

-20.1%

Cash On Cash

2.07%

Cap Rate

0.34

DSCR

$4,417

Rent

-$4,081

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,417 income − $8,498 expenses = $4,081 out of pocket

Income$4,417Out of Pocket$4,081Mortgage P&I$5,865133%Property Taxes$1,06624%Insurance$4189%Management$44210%CapEx$2215%Vacancy$2656%Maintenance$2215%

Investment Breakdown

|

Purchase Price

$1160k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$244k

Downpayment

20%

$232k

Closing costs

1%

$11,603

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,417

Total Expenses

$8,498

Mortgage P&I

133%

$5,865

Property Taxes

24%

$1,066

Home Insurance

9%

$418

HOA

0%

$0

Property Management

10%

$442

CapEx

5%

$221

Vacancy

6%

$265

Maintenance

5%

$221

Other

0%

$0

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