Unlock all features! Tap here to upgrade
731 Cathedral Pointe Ln, Santa Barbara, CA 93111
3 beds • 3 baths • 2101 sqft
$2,107,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -21.5% first-year return on $442k initial cash invested.
-21.5%
Cash On Cash
1.75%
Cap Rate
0.29
DSCR
$7,019
Rent
-$7,929
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,019 income − $14,948 expenses = $7,929 out of pocket
Investment Breakdown
|
Purchase Price
$2107k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$442k
Downpayment
20%
$421k
Closing costs
1%
$21,070
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,019
Total Expenses
$14,948
Mortgage P&I
152%
$10,645
Property Taxes
18%
$1,267
Home Insurance
11%
$761
HOA
6%
$450
Property Management
10%
$702
CapEx
5%
$351
Vacancy
6%
$421
Maintenance
5%
$351
Other
0%
$0