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$6,983 (target)

8022 River Pl, Carmel, CA 93923

3 beds • 3 baths • 2043 sqft

$2,626,200

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This property looks like a bad Long-Term investment with a projected -25.61% first-year return on $552k initial cash invested.

-25.61%

Cash On Cash

0.94%

Cap Rate

0.15

DSCR

$6,983

Rent

-$11,771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,983 income − $18,754 expenses = $11,771 out of pocket

Income$6,983Out of Pocket$11,771Mortgage P&I$13,474193%Property Taxes$2,49836%Insurance$95414%HOA$13Management$69810%CapEx$3495%Vacancy$4196%Maintenance$3495%

Investment Breakdown

|

Purchase Price

$2626k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$552k

Downpayment

20%

$525k

Closing costs

1%

$26,262

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,983

Total Expenses

$18,754

Mortgage P&I

193%

$13,474

Property Taxes

36%

$2,498

Home Insurance

14%

$954

HOA

0%

$13

Property Management

10%

$698

CapEx

5%

$349

Vacancy

6%

$419

Maintenance

5%

$349

Other

0%

$0

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