REI Lense

REI Lense

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$2,399 (target)

1196 Freshwater Rd, Eureka, CA 95503

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -18.76% first-year return on $122k initial cash invested.

-18.76%

Cash On Cash

2.36%

Cap Rate

0.39

DSCR

$2,399

Rent

-$1,903

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,399 income − $4,302 expenses = $1,903 out of pocket

Income$2,399Out of Pocket$1,903Mortgage P&I$2,924122%Property Taxes$54423%Insurance$2109%Management$24010%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

|

Purchase Price

$580k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$116k

Closing costs

1%

$5,796

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,399

Total Expenses

$4,302

Mortgage P&I

122%

$2,924

Property Taxes

23%

$544

Home Insurance

9%

$210

HOA

0%

$0

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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