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3484 Shipway Ave, Long Beach, CA 90808

4 beds • 2 baths • 1753 sqft

$1,068,200

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This property looks like a bad Long-Term investment with a projected -16.58% first-year return on $224k initial cash invested.

-16.58%

Cash On Cash

2.65%

Cap Rate

0.45

DSCR

$4,720

Rent

-$3,100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1068k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$224k

Downpayment

20%

$214k

Closing costs

1%

$10,682

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,720

Total Expenses

$7,820

Mortgage P&I

111%

$5,221

Property Taxes

19%

$908

Home Insurance

10%

$464

HOA

0%

$0

Property Management

10%

$472

CapEx

5%

$236

Vacancy

6%

$283

Maintenance

5%

$236

Other

0%

$0

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