REI Lense

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$5,416 (target)

1433 Myrtle St, Oakland, CA 94607

3 beds • 3 baths • 1500 sqft

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This property looks like a bad Mid-Term investment with a projected -8.16% first-year return on $175k initial cash invested.

-8.16%

Cash On Cash

4.43%

Cap Rate

0.74

DSCR

$5,416

Rent

-$1,193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,416 income − $6,609 expenses = $1,193 out of pocket

Income$5,416Out of Pocket$1,193Mortgage P&I$3,74369%Property Taxes$76214%Insurance$2625%Management$65012%CapEx$2174%Vacancy$1623%Maintenance$2174%Other$59611%

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,499

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,416

Total Expenses

$6,609

Mortgage P&I

69%

$3,743

Property Taxes

14%

$762

Home Insurance

5%

$262

HOA

0%

$0

Property Management

12%

$650

CapEx

4%

$217

Vacancy

3%

$162

Maintenance

4%

$217

Other

11%

$596

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