REI Lense

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$1,987 (target)

1240 Indian Ocean Ave, Thermal, CA 92274

3 beds • 2 baths • 1437 sqft

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This property looks like a bad Long-Term investment with a projected -8.96% first-year return on $69,090 initial cash invested.

-8.96%

Cash On Cash

4.62%

Cap Rate

0.75

DSCR

$1,987

Rent

-$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,987 income − $2,503 expenses = $516 out of pocket

Income$1,987Out of Pocket$516Mortgage P&I$1,68485%Property Taxes$1889%Insurance$1156%Management$19910%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,987

Total Expenses

$2,503

Mortgage P&I

85%

$1,684

Property Taxes

9%

$188

Home Insurance

6%

$115

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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