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$5,426 (target)

40990 Highway 1, Monterey, CA 93940

3 beds • 2 baths • 1400 sqft

$3,021,800

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This property looks like a bad Long-Term investment with a projected -28.82% first-year return on $635k initial cash invested.

-28.82%

Cash On Cash

0.03%

Cap Rate

0

DSCR

$5,426

Rent

-$15,242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,426 income − $20,668 expenses = $15,242 out of pocket

Income$5,426Out of Pocket$15,242Mortgage P&I$15,045277%Property Taxes$1,85034%Insurance$2,36244%Management$54310%CapEx$2715%Vacancy$3266%Maintenance$2715%

Investment Breakdown

|

Purchase Price

$3022k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$635k

Downpayment

20%

$604k

Closing costs

1%

$30,218

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,426

Total Expenses

$20,668

Mortgage P&I

277%

$15,045

Property Taxes

34%

$1,850

Home Insurance

44%

$2,362

HOA

0%

$0

Property Management

10%

$543

CapEx

5%

$271

Vacancy

6%

$326

Maintenance

5%

$271

Other

0%

$0

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