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706 W Oceanfront, Newport Beach, CA 92661

4 beds • 6 baths • 4489 sqft

$15,882,900

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This property looks like a bad Long-Term investment with a projected -30.59% first-year return on $3335k initial cash invested.

-30.59%

Cash On Cash

-0.27%

Cap Rate

-0.04

DSCR

$13,580

Rent

-$85,029

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$15883k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$3335k

Downpayment

20%

$3177k

Closing costs

1%

$159k

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$13,580

Total Expenses

$98,609

Mortgage P&I

595%

$80,764

Property Taxes

64%

$8,716

Home Insurance

41%

$5,598

HOA

0%

$0

Property Management

10%

$1,358

CapEx

5%

$679

Vacancy

6%

$815

Maintenance

5%

$679

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

120 Via, Trieste, Newport Beach, CA 92663

$15,500

5

5

3671

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4

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0.5 mi

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4

4.5

2127

0.5 mi

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$14,000

4

4

2509

0.6 mi

104 W Rancho Del Cerro

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4

2

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1.3 mi

1255 S Forest Knoll St

$1,100

2

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0.9 mi

2022 S American St

$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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