REI Lense

REI Lense

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$1,912 (target)

1417 E 20th St, Merced, CA 95340

3 beds • 2 baths • 1375 sqft

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This property looks like a bad Long-Term investment with a projected -9.13% first-year return on $69,657 initial cash invested.

-9.13%

Cash On Cash

4.52%

Cap Rate

0.74

DSCR

$1,912

Rent

-$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,912 income − $2,442 expenses = $530 out of pocket

Income$1,912Out of Pocket$530Mortgage P&I$1,68388%Property Taxes$1448%Insurance$1176%Management$19110%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,657

Downpayment

20%

$66,340

Closing costs

1%

$3,317

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,912

Total Expenses

$2,442

Mortgage P&I

88%

$1,683

Property Taxes

8%

$144

Home Insurance

6%

$117

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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