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383 Bay Shore Ave Unit 307, Long Beach, CA 90803

Property Details for 383 Bay Shore Ave Unit 307, Long Beach, CA 90803

Property Detail Name Property Detail Value
Address 383 Bay Shore Ave Unit 307, Long Beach, CA 90803
Property Type Condo
Price $550,000
Price Change $0
Tax Assessed Value $376,802
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 1
Bathrooms 1.0
Living Area 848.0
Lot Area 0.5674242424242424
Lot Area Unit ACRES
Year Built N/A

Financial Summary for 383 Bay Shore Ave Unit 307, Long Beach, CA 90803

Financial Metric Name Financial Metric Value
Cash on Cash Return -16.0%
Total ROI -7.7%
Monthly Rent $2,761
Net Operating Income $1,981
Cap Rate 4.3%
Monthly Cash Flow -$1,469
Gross Rent Multiplier 16.6
Debt Service Coverage Ratio 0.7
Principal and Interest $2,819
Tax $631
HOA Fees $597
Insurance $183
Total Payment $4,230
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 21 days ago) — consider refreshing
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