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3609 E 2nd St Unit 207, Long Beach, CA 90803

Property Details for 3609 E 2nd St Unit 207, Long Beach, CA 90803

Property Detail Name Property Detail Value
Address 3609 E 2nd St Unit 207, Long Beach, CA 90803
Property Type Condo
Price $599,900
Price Change -$49,100
Tax Assessed Value $613,836
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 2
Bathrooms 2.0
Living Area 1,190.0
Lot Area 1.0
Lot Area Unit SQFT
Year Built N/A

Financial Summary for 3609 E 2nd St Unit 207, Long Beach, CA 90803

Financial Metric Name Financial Metric Value
Cash on Cash Return -5.0%
Total ROI 3.4%
Monthly Rent $3,820
Net Operating Income $3,263
Cap Rate 6.5%
Monthly Cash Flow -$500
Gross Rent Multiplier 13.1
Debt Service Coverage Ratio 1.1
Principal and Interest $3,075
Tax $688
HOA Fees $357
Insurance $200
Total Payment $4,320
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 20 days ago) — consider refreshing
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