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$6,638 (target)

345 Park Ave, Long Beach, CA 90814

3 beds • 2 baths • 1629 sqft

$1,321,400

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This property looks like a bad Mid-Term investment with a projected -19.83% first-year return on $295k initial cash invested.

-19.83%

Cash On Cash

2.61%

Cap Rate

0.38

DSCR

$6,638

Rent

-$4,882

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,638 income − $11,520 expenses = $4,882 out of pocket

Income$6,638Out of Pocket$4,882Mortgage P&I$7,490113%Property Taxes$1,30720%Insurance$4657%Management$79712%CapEx$2664%Vacancy$1993%Maintenance$2664%Other$73011%

Investment Breakdown

|

Purchase Price

$1321k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$295k

Downpayment

20%

$264k

Closing costs

1%

$13,214

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,638

Total Expenses

$11,520

Mortgage P&I

113%

$7,490

Property Taxes

20%

$1,307

Home Insurance

7%

$465

HOA

0%

$0

Property Management

12%

$797

CapEx

4%

$266

Vacancy

3%

$199

Maintenance

4%

$266

Other

11%

$730

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