REI Lense

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Target property

1520 Merritt Dr, El Cajon, CA 92020

3 beds • 3 baths • 3565 sqft

$1,154,400

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This property looks like a bad Airbnb investment with a projected -31.32% first-year return on $260k initial cash invested.

-31.32%

Cash On Cash

-1.1%

Cap Rate

-0.19

DSCR

$0

Rent

-$6,796

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $6,796 expenses = $6,796 out of pocket

Income$0Out of Pocket$6,796Mortgage P&I$5,733Property Taxes$651Insurance$412

Investment Breakdown

|

Purchase Price

$1154k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$260k

Downpayment

20%

$231k

Closing costs

1%

$11,544

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$0

Total Expenses

$6,796

Mortgage P&I

57330000%

$5,733

Property Taxes

6510000%

$651

Home Insurance

4120000%

$412

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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