REI Lense

REI Lense

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$4,138 (target)

1198 Bel Air Ct, Banning, CA 92220

3 beds • 2 baths • 1505 sqft

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This property looks like a bad Mid-Term investment with a projected -1.02% first-year return on $94,944 initial cash invested.

-1.02%

Cash On Cash

6.42%

Cap Rate

1.05

DSCR

$4,138

Rent

-$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,138 income − $4,219 expenses = $81 out of pocket

Income$4,138Out of Pocket$81Mortgage P&I$1,87545%Property Taxes$39810%Insurance$1283%HOA$41010%Management$49712%CapEx$1664%Vacancy$1243%Maintenance$1664%Other$45511%

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,944

Downpayment

20%

$73,280

Closing costs

1%

$3,664

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,138

Total Expenses

$4,219

Mortgage P&I

45%

$1,875

Property Taxes

10%

$398

Home Insurance

3%

$128

HOA

10%

$410

Property Management

12%

$497

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$455

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