REI Lense

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$5,862 (target)

741 W Hill St, Long Beach, CA 90806

3 beds • 2 baths • 1565 sqft

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This property looks like a bad Mid-Term investment with a projected -10.24% first-year return on $198k initial cash invested.

-10.24%

Cash On Cash

4.07%

Cap Rate

0.67

DSCR

$5,862

Rent

-$1,688

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,862 income − $7,550 expenses = $1,688 out of pocket

Income$5,862Out of Pocket$1,688Mortgage P&I$4,35974%Property Taxes$88415%Insurance$3155%Management$70312%CapEx$2344%Vacancy$1763%Maintenance$2344%Other$64511%

Investment Breakdown

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Purchase Price

$856k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$198k

Downpayment

20%

$171k

Closing costs

1%

$8,560

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,862

Total Expenses

$7,550

Mortgage P&I

74%

$4,359

Property Taxes

15%

$884

Home Insurance

5%

$315

HOA

0%

$0

Property Management

12%

$703

CapEx

4%

$234

Vacancy

3%

$176

Maintenance

4%

$234

Other

11%

$645

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