REI Lense

REI Lense

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$2,142 (target)

1050 Cherry Ln, Lemoore, CA 93245

3 beds • 2 baths • 1498 sqft

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This property looks like a bad Long-Term investment with a projected -10.36% first-year return on $77,133 initial cash invested.

-10.36%

Cash On Cash

4.34%

Cap Rate

0.7

DSCR

$2,142

Rent

-$666

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,142 income − $2,808 expenses = $666 out of pocket

Income$2,142Out of Pocket$666Mortgage P&I$1,88888%Property Taxes$23311%Insurance$1306%Management$21410%CapEx$1075%Vacancy$1296%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,133

Downpayment

20%

$73,460

Closing costs

1%

$3,673

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,142

Total Expenses

$2,808

Mortgage P&I

88%

$1,888

Property Taxes

11%

$233

Home Insurance

6%

$130

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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