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311 E Cummings Ln, Long Beach, CA 90805

3 beds • 2 baths • 1129 sqft

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This property looks like a bad Long-Term investment with a projected -15.83% first-year return on $155k initial cash invested.

-15.83%

Cash On Cash

2.86%

Cap Rate

0.48

DSCR

$3,233

Rent

-$2,043

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$737k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$155k

Downpayment

20%

$147k

Closing costs

1%

$7,373

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,233

Total Expenses

$5,276

Mortgage P&I

112%

$3,636

Property Taxes

17%

$543

Home Insurance

8%

$256

HOA

0%

$0

Property Management

10%

$323

CapEx

5%

$162

Vacancy

6%

$194

Maintenance

5%

$162

Other

0%

$0

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