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521 Playa, Newport Beach, CA 92660

3 beds • 3 baths • 1887 sqft

$1,853,100

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This property looks like a bad Long-Term investment with a projected -20.1% first-year return on $389k initial cash invested.

-20.1%

Cash On Cash

1.91%

Cap Rate

0.32

DSCR

$6,870

Rent

-$6,518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1853k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$389k

Downpayment

20%

$371k

Closing costs

1%

$18,531

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,870

Total Expenses

$13,388

Mortgage P&I

133%

$9,127

Property Taxes

21%

$1,437

Home Insurance

10%

$662

HOA

5%

$375

Property Management

10%

$687

CapEx

5%

$344

Vacancy

6%

$412

Maintenance

5%

$344

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

154 Woodburne, Newport Beach, CA 92660

$5,550

3

3

1741

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2607 Vista, Ornada, Newport Beach, CA 92660

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3

2.5

1887

0.3 mi

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$7,400

3

2.5

1923

0 mi

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$6,500

3

2.5

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0.3 mi

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$2,500

4

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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