REI Lense

REI Lense

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$5,234 (target)

10674 N Creek Rd, Ojai, CA 93023

3 beds • 2 baths • 1215 sqft

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This property looks like a bad Long-Term investment with a projected -7.69% first-year return on $192k initial cash invested.

-7.69%

Cash On Cash

4.73%

Cap Rate

0.79

DSCR

$5,234

Rent

-$1,228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,234 income − $6,462 expenses = $1,228 out of pocket

Income$5,234Out of Pocket$1,228Mortgage P&I$4,56287%Property Taxes$2134%Insurance$3266%Management$52310%CapEx$2625%Vacancy$3146%Maintenance$2625%

Investment Breakdown

|

Purchase Price

$912k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$192k

Downpayment

20%

$182k

Closing costs

1%

$9,123

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,234

Total Expenses

$6,462

Mortgage P&I

87%

$4,562

Property Taxes

4%

$213

Home Insurance

6%

$326

HOA

0%

$0

Property Management

10%

$523

CapEx

5%

$262

Vacancy

6%

$314

Maintenance

5%

$262

Other

0%

$0

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