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$6,024 (target)

3381 Corte Cassis, Costa Mesa, CA 92626

3 beds • 3 baths • 2330 sqft

$1,641,100

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This property looks like a bad Long-Term investment with a projected -19.34% first-year return on $345k initial cash invested.

-19.34%

Cash On Cash

2.19%

Cap Rate

0.36

DSCR

$6,024

Rent

-$5,554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,024 income − $11,578 expenses = $5,554 out of pocket

Income$6,024Out of Pocket$5,554Mortgage P&I$8,247137%Property Taxes$1,02817%Insurance$5609%HOA$1783%Management$60210%CapEx$3015%Vacancy$3616%Maintenance$3015%

Investment Breakdown

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Purchase Price

$1641k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$345k

Downpayment

20%

$328k

Closing costs

1%

$16,411

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,024

Total Expenses

$11,578

Mortgage P&I

137%

$8,247

Property Taxes

17%

$1,028

Home Insurance

9%

$560

HOA

3%

$178

Property Management

10%

$602

CapEx

5%

$301

Vacancy

6%

$361

Maintenance

5%

$301

Other

0%

$0

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