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$8,139 (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 Mid-Term investment with a projected -25.53% first-year return on $653k initial cash invested.

-25.53%

Cash On Cash

0.59%

Cap Rate

0.1

DSCR

$8,139

Rent

-$13,886

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,139 income − $22,025 expenses = $13,886 out of pocket

Income$8,139Out of Pocket$13,886Mortgage P&I$15,045185%Property Taxes$1,85023%Insurance$2,36229%Management$97712%CapEx$3264%Vacancy$2443%Maintenance$3264%Other$89511%

Investment Breakdown

|

Purchase Price

$3022k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$653k

Downpayment

20%

$604k

Closing costs

1%

$30,218

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,139

Total Expenses

$22,025

Mortgage P&I

185%

$15,045

Property Taxes

23%

$1,850

Home Insurance

29%

$2,362

HOA

0%

$0

Property Management

12%

$977

CapEx

4%

$326

Vacancy

3%

$244

Maintenance

4%

$326

Other

11%

$895

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