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612 W Balboa Blvd, Newport Beach, CA 92661

3 beds • 2 baths • 1122 sqft

$2,399,000

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This property looks like a bad Long-Term investment with a projected -24.83% first-year return on $504k initial cash invested.

-24.83%

Cash On Cash

0.77%

Cap Rate

0.13

DSCR

$4,379

Rent

-$10,424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$2399k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$504k

Downpayment

20%

$480k

Closing costs

1%

$23,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,379

Total Expenses

$14,803

Mortgage P&I

268%

$11,751

Property Taxes

25%

$1,073

Home Insurance

19%

$840

HOA

0%

$0

Property Management

10%

$438

CapEx

5%

$219

Vacancy

6%

$263

Maintenance

5%

$219

Other

0%

$0

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