REI Lense

REI Lense

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$4,908 (target)

1500 Brighton Ave, Grover Beach, CA 93433

3 beds • 3 baths • 1343 sqft

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This property looks like a bad Mid-Term investment with a projected -8.1% first-year return on $169k initial cash invested.

-8.1%

Cash On Cash

4.38%

Cap Rate

0.74

DSCR

$4,908

Rent

-$1,140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$719k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$169k

Downpayment

20%

$144k

Closing costs

1%

$7,189

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,908

Total Expenses

$6,048

Mortgage P&I

73%

$3,568

Property Taxes

12%

$568

Home Insurance

5%

$244

HOA

0%

$0

Property Management

12%

$589

CapEx

4%

$196

Vacancy

3%

$147

Maintenance

4%

$196

Other

11%

$540

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