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$6,903 (target)

332 Lugonia St, Newport Beach, CA 92663

3 beds • 2 baths • 1059 sqft

$2,499,000

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This property looks like a bad Long-Term investment with a projected -21.99% first-year return on $525k initial cash invested.

-21.99%

Cash On Cash

1.58%

Cap Rate

0.26

DSCR

$6,903

Rent

-$9,615

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,903 income − $16,518 expenses = $9,615 out of pocket

Income$6,903Out of Pocket$9,615Mortgage P&I$12,569182%Property Taxes$1,21018%Insurance$87513%HOA$701%Management$69010%CapEx$3455%Vacancy$4146%Maintenance$3455%

Investment Breakdown

|

Purchase Price

$2499k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$525k

Downpayment

20%

$500k

Closing costs

1%

$24,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,903

Total Expenses

$16,518

Mortgage P&I

182%

$12,569

Property Taxes

18%

$1,210

Home Insurance

13%

$875

HOA

1%

$70

Property Management

10%

$690

CapEx

5%

$345

Vacancy

6%

$414

Maintenance

5%

$345

Other

0%

$0

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