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280 Molino Ave Unit 305, Long Beach, CA 90803

Property Details for 280 Molino Ave Unit 305, Long Beach, CA 90803

Property Detail Name Property Detail Value
Address 280 Molino Ave Unit 305, Long Beach, CA 90803
Property Type Condo
Price $437,900
Price Change -$20,000
Tax Assessed Value $455,000
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 1
Bathrooms 1.0
Living Area 768.0
Lot Area 0.3111111111111111
Lot Area Unit ACRES
Year Built N/A

Financial Summary for 280 Molino Ave Unit 305, Long Beach, CA 90803

Financial Metric Name Financial Metric Value
Cash on Cash Return -9.4%
Total ROI -1.5%
Monthly Rent $2,537
Net Operating Income $2,029
Cap Rate 5.6%
Monthly Cash Flow -$687
Gross Rent Multiplier 14.4
Debt Service Coverage Ratio 0.9
Principal and Interest $2,214
Tax $502
HOA Fees $362
Insurance $146
Total Payment $3,224
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 20 days ago) — consider refreshing
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