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$6,243 (target)

471 Nevis St, Morro Bay, CA 93442

3 beds • 3 baths • 1682 sqft

$1,052,800

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This property looks like a bad Mid-Term investment with a projected -12.44% first-year return on $239k initial cash invested.

-12.44%

Cash On Cash

3.44%

Cap Rate

0.58

DSCR

$6,243

Rent

-$2,478

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,243 income − $8,721 expenses = $2,478 out of pocket

Income$6,243Out of Pocket$2,478Mortgage P&I$5,24684%Property Taxes$97616%Insurance$3766%Management$74912%CapEx$2504%Vacancy$1873%Maintenance$2504%Other$68711%

Investment Breakdown

|

Purchase Price

$1053k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$239k

Downpayment

20%

$211k

Closing costs

1%

$10,528

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,243

Total Expenses

$8,721

Mortgage P&I

84%

$5,246

Property Taxes

16%

$976

Home Insurance

6%

$376

HOA

0%

$0

Property Management

12%

$749

CapEx

4%

$250

Vacancy

3%

$187

Maintenance

4%

$250

Other

11%

$687

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