REI Lense

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$6,136 (target)

1445 Bassett Dr, Concord, CA 94521

3 beds • 2 baths • 1838 sqft

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This property looks like a bad Mid-Term investment with a projected -4.47% first-year return on $185k initial cash invested.

-4.47%

Cash On Cash

5.4%

Cap Rate

0.89

DSCR

$6,136

Rent

-$688

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,136 income − $6,824 expenses = $688 out of pocket

Income$6,136Out of Pocket$688Mortgage P&I$4,01465%Property Taxes$3766%Insurance$3496%Management$73612%CapEx$2454%Vacancy$1843%Maintenance$2454%Other$67511%

Investment Breakdown

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Purchase Price

$793k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$159k

Closing costs

1%

$7,930

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,136

Total Expenses

$6,824

Mortgage P&I

65%

$4,014

Property Taxes

6%

$376

Home Insurance

6%

$349

HOA

0%

$0

Property Management

12%

$736

CapEx

4%

$245

Vacancy

3%

$184

Maintenance

4%

$245

Other

11%

$675

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