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$2,934 (target)

1038 Seaview Ave, Thermal, CA 92274

3 beds • 2 baths • 1300 sqft

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This property could be a profitable Mid-Term investment with a projected 23.05% first-year return on $49,500 initial cash invested.

23.05%

Cash On Cash

14.85%

Cap Rate

2.36

DSCR

$2,934

Rent

$951

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,934 income − $1,983 expenses = $951 cash flow

Income$2,934Mortgage P&I$78827%Property Taxes$1465%Insurance$522%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32311%Cash Flow$951

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,934

Total Expenses

$1,983

Mortgage P&I

27%

$788

Property Taxes

5%

$146

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$323

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