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$6,219 (target)

594 Kings Ave, Morro Bay, CA 93442

3 beds • 3 baths • 2059 sqft

$1,350,100

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This property looks like a bad Mid-Term investment with a projected -14.44% first-year return on $302k initial cash invested.

-14.44%

Cash On Cash

2.82%

Cap Rate

0.48

DSCR

$6,219

Rent

-$3,629

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,219 income − $9,848 expenses = $3,629 out of pocket

Income$6,219Out of Pocket$3,629Mortgage P&I$6,549105%Property Taxes$78213%Insurance$4026%Management$74612%CapEx$2494%Vacancy$1873%Maintenance$2494%Other$68411%

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,501

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,219

Total Expenses

$9,848

Mortgage P&I

105%

$6,549

Property Taxes

13%

$782

Home Insurance

6%

$402

HOA

0%

$0

Property Management

12%

$746

CapEx

4%

$249

Vacancy

3%

$187

Maintenance

4%

$249

Other

11%

$684

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