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$6,506 (target)

3628 Stearnlee Ave, Long Beach, CA 90808

3 beds • 3 baths • 1365 sqft

$1,027,600

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This property looks like a bad Mid-Term investment with a projected -9.8% first-year return on $234k initial cash invested.

-9.8%

Cash On Cash

4.1%

Cap Rate

0.68

DSCR

$6,506

Rent

-$1,909

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,506 income − $8,415 expenses = $1,909 out of pocket

Income$6,506Out of Pocket$1,909Mortgage P&I$5,15779%Property Taxes$5939%Insurance$4537%Management$78112%CapEx$2604%Vacancy$1953%Maintenance$2604%Other$71611%

Investment Breakdown

|

Purchase Price

$1028k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$234k

Downpayment

20%

$206k

Closing costs

1%

$10,276

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,506

Total Expenses

$8,415

Mortgage P&I

79%

$5,157

Property Taxes

9%

$593

Home Insurance

7%

$453

HOA

0%

$0

Property Management

12%

$781

CapEx

4%

$260

Vacancy

3%

$195

Maintenance

4%

$260

Other

11%

$716

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