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$12,108 (target)

888 Summit Dr, Laguna Beach, CA 92651

3 beds • 3 baths • 1600 sqft

$2,294,500

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This property looks like a bad Mid-Term investment with a projected -18.75% first-year return on $500k initial cash invested.

-18.75%

Cash On Cash

2.9%

Cap Rate

0.43

DSCR

$12,108

Rent

-$7,808

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$12,108 income − $19,916 expenses = $7,808 out of pocket

Income$12,108Out of Pocket$7,808Mortgage P&I$12,871106%Property Taxes$2,09817%Insurance$8317%Management$1,45312%CapEx$4844%Vacancy$3633%Maintenance$4844%Other$1,33211%

Investment Breakdown

|

Purchase Price

$2295k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$500k

Downpayment

20%

$459k

Closing costs

1%

$22,945

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$12,108

Total Expenses

$19,916

Mortgage P&I

106%

$12,871

Property Taxes

17%

$2,098

Home Insurance

7%

$831

HOA

0%

$0

Property Management

12%

$1,453

CapEx

4%

$484

Vacancy

3%

$363

Maintenance

4%

$484

Other

11%

$1,332

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