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$5,039 (target)

7119 Island Village Dr, Long Beach, CA 90803

3 beds • 3 baths • 1669 sqft

$1,100,000

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This property looks like a bad Long-Term investment with a projected -19.83% first-year return on $231k initial cash invested.

-19.83%

Cash On Cash

2.45%

Cap Rate

0.39

DSCR

$5,039

Rent

-$3,817

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,039 income − $8,856 expenses = $3,817 out of pocket

Income$5,039Out of Pocket$3,817Mortgage P&I$5,809115%Property Taxes$1,08221%Insurance$3858%HOA$2705%Management$50410%CapEx$2525%Vacancy$3026%Maintenance$2525%

Investment Breakdown

|

Purchase Price

$1100k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$231k

Downpayment

20%

$220k

Closing costs

1%

$11,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,039

Total Expenses

$8,856

Mortgage P&I

115%

$5,809

Property Taxes

21%

$1,082

Home Insurance

8%

$385

HOA

5%

$270

Property Management

10%

$504

CapEx

5%

$252

Vacancy

6%

$302

Maintenance

5%

$252

Other

0%

$0

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