REI Lense

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$3,000 (target)

1870 Applewood, Tulare, CA 93274

3 beds • 2 baths • 1189 sqft

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This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $87,279 initial cash invested.

1.46%

Cash On Cash

6.79%

Cap Rate

1.14

DSCR

$3,000

Rent

$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,000 income − $2,894 expenses = $106 cash flow

Income$3,000Mortgage P&I$1,64055%Property Taxes$1184%Insurance$1164%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$106

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,000

Total Expenses

$2,894

Mortgage P&I

55%

$1,640

Property Taxes

4%

$118

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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