REI Lense

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$2,064 (target)

1287 Pioneer Avenue, Porterville, CA 93257

3 beds • 2 baths • 1368 sqft

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This property looks like a bad Mid-Term investment with a projected -8.65% first-year return on $93,390 initial cash invested.

-8.65%

Cash On Cash

4%

Cap Rate

0.67

DSCR

$2,064

Rent

-$673

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,064 income − $2,737 expenses = $673 out of pocket

Income$2,064Out of Pocket$673Mortgage P&I$1,78887%Property Taxes$1206%Insurance$1266%Management$24812%CapEx$834%Vacancy$623%Maintenance$834%Other$22711%

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,390

Downpayment

20%

$71,800

Closing costs

1%

$3,590

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,064

Total Expenses

$2,737

Mortgage P&I

87%

$1,788

Property Taxes

6%

$120

Home Insurance

6%

$126

HOA

0%

$0

Property Management

12%

$248

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$227

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