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$9,618 (target)

3603 Lorimer Ln, Encinitas, CA 92024

3 beds • 3 baths • 2117 sqft

$2,212,500

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This property looks like a bad Mid-Term investment with a projected -19.63% first-year return on $483k initial cash invested.

-19.63%

Cash On Cash

2.03%

Cap Rate

0.33

DSCR

$9,618

Rent

-$7,895

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,618 income − $17,513 expenses = $7,895 out of pocket

Income$9,618Out of Pocket$7,895Mortgage P&I$11,246117%Property Taxes$1,64417%Insurance$8038%HOA$5496%Management$1,15412%CapEx$3854%Vacancy$2893%Maintenance$3854%Other$1,05811%

Investment Breakdown

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Purchase Price

$2213k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$483k

Downpayment

20%

$443k

Closing costs

1%

$22,125

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,618

Total Expenses

$17,513

Mortgage P&I

117%

$11,246

Property Taxes

17%

$1,644

Home Insurance

8%

$803

HOA

6%

$549

Property Management

12%

$1,154

CapEx

4%

$385

Vacancy

3%

$289

Maintenance

4%

$385

Other

11%

$1,058

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