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$11,049 (target)

3334 E 1st St, Long Beach, CA 90803

3 beds • 4 baths • 3220 sqft

$2,350,000

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This property looks like a bad Mid-Term investment with a projected -13.06% first-year return on $512k initial cash invested.

-13.06%

Cash On Cash

3.38%

Cap Rate

0.56

DSCR

$11,049

Rent

-$5,566

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,049 income − $16,615 expenses = $5,566 out of pocket

Income$11,049Out of Pocket$5,566Mortgage P&I$11,741106%Property Taxes$2963%Insurance$8227%Management$1,32612%CapEx$4424%Vacancy$3313%Maintenance$4424%Other$1,21511%

Investment Breakdown

|

Purchase Price

$2350k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$512k

Downpayment

20%

$470k

Closing costs

1%

$23,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$11,049

Total Expenses

$16,615

Mortgage P&I

106%

$11,741

Property Taxes

3%

$296

Home Insurance

7%

$822

HOA

0%

$0

Property Management

12%

$1,326

CapEx

4%

$442

Vacancy

3%

$331

Maintenance

4%

$442

Other

11%

$1,215

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