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$10,446 (target)

426 El Modena Ave, Newport Beach, CA 92663

3 beds • 2 baths • 1332 sqft

$3,850,000

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This property looks like a bad Mid-Term investment with a projected -21.78% first-year return on $827k initial cash invested.

-21.78%

Cash On Cash

1.51%

Cap Rate

0.25

DSCR

$10,446

Rent

-$15,003

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,446 income − $25,449 expenses = $15,003 out of pocket

Income$10,446Out of Pocket$15,003Mortgage P&I$19,417186%Property Taxes$1,13211%Insurance$1,34813%Management$1,25412%CapEx$4184%Vacancy$3133%Maintenance$4184%Other$1,14911%

Investment Breakdown

|

Purchase Price

$3850k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$827k

Downpayment

20%

$770k

Closing costs

1%

$38,500

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$10,446

Total Expenses

$25,449

Mortgage P&I

186%

$19,417

Property Taxes

11%

$1,132

Home Insurance

13%

$1,348

HOA

0%

$0

Property Management

12%

$1,254

CapEx

4%

$418

Vacancy

3%

$313

Maintenance

4%

$418

Other

11%

$1,149

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