REI Lense

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$3,532 (target)

1908 Ricky Ave, Modesto, CA 95350

3 beds • 2 baths • 1162 sqft

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This property looks like a bad Mid-Term investment with a projected -3.98% first-year return on $102k initial cash invested.

-3.98%

Cash On Cash

5.88%

Cap Rate

0.91

DSCR

$3,532

Rent

-$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,532 income − $3,870 expenses = $338 out of pocket

Income$3,532Out of Pocket$338Mortgage P&I$2,15661%Property Taxes$37311%Insurance$1404%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38911%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,532

Total Expenses

$3,870

Mortgage P&I

61%

$2,156

Property Taxes

11%

$373

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$389

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