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$6,964 (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 Long-Term investment with a projected -24.85% first-year return on $809k initial cash invested.

-24.85%

Cash On Cash

0.94%

Cap Rate

0.16

DSCR

$6,964

Rent

-$16,743

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,964 income − $23,707 expenses = $16,743 out of pocket

Income$6,964Out of Pocket$16,743Mortgage P&I$19,417279%Property Taxes$1,13216%Insurance$1,34819%Management$69610%CapEx$3485%Vacancy$4186%Maintenance$3485%

Investment Breakdown

|

Purchase Price

$3850k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$809k

Downpayment

20%

$770k

Closing costs

1%

$38,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,964

Total Expenses

$23,707

Mortgage P&I

279%

$19,417

Property Taxes

16%

$1,132

Home Insurance

19%

$1,348

HOA

0%

$0

Property Management

10%

$696

CapEx

5%

$348

Vacancy

6%

$418

Maintenance

5%

$348

Other

0%

$0

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