REI Lense

REI Lense

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$1,352 (target)

1221 Pear St, Corning, CA 96021

3 beds • 2 baths • 1156 sqft

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This property looks like a bad Long-Term investment with a projected -2.27% first-year return on $36,414 initial cash invested.

-2.27%

Cash On Cash

6.08%

Cap Rate

1

DSCR

$1,352

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,352 income − $1,421 expenses = $69 out of pocket

Income$1,352Out of Pocket$69Mortgage P&I$87965%Property Taxes$544%Insurance$13610%Management$13510%CapEx$685%Vacancy$816%Maintenance$685%

Investment Breakdown

|

Purchase Price

$173k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,414

Downpayment

20%

$34,680

Closing costs

1%

$1,734

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,352

Total Expenses

$1,421

Mortgage P&I

65%

$879

Property Taxes

4%

$54

Home Insurance

10%

$136

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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