REI Lense

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$3,524 (target)

1070 W Sandstone Dr, Hanford, CA 93230

3 beds • 2 baths • 1645 sqft

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This property looks like a bad Mid-Term investment with a projected -4.23% first-year return on $112k initial cash invested.

-4.23%

Cash On Cash

5.42%

Cap Rate

0.89

DSCR

$3,524

Rent

-$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,524 income − $3,918 expenses = $394 out of pocket

Income$3,524Out of Pocket$394Mortgage P&I$2,26764%Property Taxes$2948%Insurance$1584%Management$42312%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38811%

Investment Breakdown

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Purchase Price

$446k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,200

Closing costs

1%

$4,460

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,524

Total Expenses

$3,918

Mortgage P&I

64%

$2,267

Property Taxes

8%

$294

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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