REI Lense

REI Lense

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$2,527 (target)

10601 Michele Ave, Bakersfield, CA 93312

3 beds • 2 baths • 1608 sqft

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This property looks like a bad Long-Term investment with a projected -4.46% first-year return on $72,324 initial cash invested.

-4.46%

Cash On Cash

5.52%

Cap Rate

0.92

DSCR

$2,527

Rent

-$269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,527 income − $2,796 expenses = $269 out of pocket

Income$2,527Out of Pocket$269Mortgage P&I$1,72668%Property Taxes$29212%Insurance$1215%Management$25310%CapEx$1265%Vacancy$1526%Maintenance$1265%

Investment Breakdown

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Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,324

Downpayment

20%

$68,880

Closing costs

1%

$3,444

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,527

Total Expenses

$2,796

Mortgage P&I

68%

$1,726

Property Taxes

12%

$292

Home Insurance

5%

$121

HOA

0%

$0

Property Management

10%

$253

CapEx

5%

$126

Vacancy

6%

$152

Maintenance

5%

$126

Other

0%

$0

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