REI Lense

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$3,644 (target)

1408 W Avenue H14, Lancaster, CA 93534

3 beds • 2 baths • 1220 sqft

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This property looks like a bad Mid-Term investment with a projected -2.56% first-year return on $101k initial cash invested.

-2.56%

Cash On Cash

6.17%

Cap Rate

0.97

DSCR

$3,644

Rent

-$216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,644 income − $3,860 expenses = $216 out of pocket

Income$3,644Out of Pocket$216Mortgage P&I$2,10358%Property Taxes$38210%Insurance$1364%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40111%

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,120

Closing costs

1%

$3,956

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,644

Total Expenses

$3,860

Mortgage P&I

58%

$2,103

Property Taxes

10%

$382

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$401

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