REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,447 (target)

1045 Southern Hills Dr, Banning, CA 92220

3 beds • 2 baths • 1247 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.24% first-year return on $113k initial cash invested.

-9.24%

Cash On Cash

3.87%

Cap Rate

0.67

DSCR

$3,447

Rent

-$866

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,447

Total Expenses

$4,313

Mortgage P&I

63%

$2,179

Property Taxes

13%

$439

Home Insurance

5%

$158

HOA

11%

$365

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis