REI Lense

REI Lense

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$2,074 (target)

16172 23rd Ave, Clearlake, CA 95422

3 beds • 2 baths • 1344 sqft

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This property might be a fair Long-Term investment with a projected 5.07% first-year return on $45,213 initial cash invested.

5.07%

Cash On Cash

7.79%

Cap Rate

1.27

DSCR

$2,074

Rent

$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,074 income − $1,883 expenses = $191 cash flow

Income$2,074Mortgage P&I$1,10353%Property Taxes$1718%Insurance$703%Management$20710%CapEx$1045%Vacancy$1246%Maintenance$1045%Cash Flow$191

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,213

Downpayment

20%

$43,060

Closing costs

1%

$2,153

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,074

Total Expenses

$1,883

Mortgage P&I

53%

$1,103

Property Taxes

8%

$171

Home Insurance

3%

$70

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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