REI Lense

REI Lense

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$1,917 (target)

1289 Avalon Ave, Thermal, CA 92274

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Long-Term investment with a projected -12.76% first-year return on $65,373 initial cash invested.

-12.76%

Cash On Cash

3.84%

Cap Rate

0.62

DSCR

$1,917

Rent

-$695

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,917 income − $2,612 expenses = $695 out of pocket

Income$1,917Out of Pocket$695Mortgage P&I$1,59683%Property Taxes$40721%Insurance$1106%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,373

Downpayment

20%

$62,260

Closing costs

1%

$3,113

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,917

Total Expenses

$2,612

Mortgage P&I

83%

$1,596

Property Taxes

21%

$407

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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