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$4,535 (target)

709 Lobos Ave, Pacific Grove, CA 93950

3 beds • 2 baths • 1310 sqft

$1,537,200

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This property looks like a bad Long-Term investment with a projected -22.95% first-year return on $323k initial cash invested.

-22.95%

Cash On Cash

1.32%

Cap Rate

0.22

DSCR

$4,535

Rent

-$6,175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,535 income − $10,710 expenses = $6,175 out of pocket

Income$4,535Out of Pocket$6,175Mortgage P&I$7,642169%Property Taxes$1,33029%Insurance$55812%Management$45410%CapEx$2275%Vacancy$2726%Maintenance$2275%

Investment Breakdown

|

Purchase Price

$1537k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$323k

Downpayment

20%

$307k

Closing costs

1%

$15,372

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,535

Total Expenses

$10,710

Mortgage P&I

169%

$7,642

Property Taxes

29%

$1,330

Home Insurance

12%

$558

HOA

0%

$0

Property Management

10%

$454

CapEx

5%

$227

Vacancy

6%

$272

Maintenance

5%

$227

Other

0%

$0

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