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$7,558 (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 Mid-Term investment with a projected -12.32% first-year return on $249k initial cash invested.

-12.32%

Cash On Cash

3.88%

Cap Rate

0.61

DSCR

$7,558

Rent

-$2,557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,558 income − $10,115 expenses = $2,557 out of pocket

Income$7,558Out of Pocket$2,557Mortgage P&I$5,80977%Property Taxes$1,08214%Insurance$3855%HOA$2704%Management$90712%CapEx$3024%Vacancy$2273%Maintenance$3024%Other$83111%

Investment Breakdown

|

Purchase Price

$1100k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$220k

Closing costs

1%

$11,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,558

Total Expenses

$10,115

Mortgage P&I

77%

$5,809

Property Taxes

14%

$1,082

Home Insurance

5%

$385

HOA

4%

$270

Property Management

12%

$907

CapEx

4%

$302

Vacancy

3%

$227

Maintenance

4%

$302

Other

11%

$831

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