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940 Hermes Ave, Encinitas, CA 92024

2 beds • 1 baths • 1050 sqft

$1,799,000

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This property looks like a bad Long-Term investment with a projected -20.46% first-year return on $378k initial cash invested.

-20.46%

Cash On Cash

1.86%

Cap Rate

0.31

DSCR

$4,460

Rent

-$6,441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1799k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$378k

Downpayment

20%

$360k

Closing costs

1%

$17,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,460

Total Expenses

$10,901

Mortgage P&I

202%

$9,005

Property Taxes

2%

$106

Home Insurance

14%

$630

HOA

0%

$0

Property Management

10%

$446

CapEx

5%

$223

Vacancy

6%

$268

Maintenance

5%

$223

Other

0%

$0

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Comparable Property

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$1,100

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$2,850

5

4

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