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603 S Lucas Dr, Santa Maria, CA 93454

3 beds • 2 baths • 1431 sqft

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This property looks like a bad Mid-Term investment with a projected -3.93% first-year return on $154k initial cash invested.

-3.93%

Cash On Cash

5.26%

Cap Rate

0.9

DSCR

$4,640

Rent

-$504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$648k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,479

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,640

Total Expenses

$5,144

Mortgage P&I

68%

$3,159

Property Taxes

4%

$179

Home Insurance

5%

$228

HOA

0%

$0

Property Management

12%

$557

CapEx

4%

$186

Vacancy

3%

$139

Maintenance

4%

$186

Other

11%

$510

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