REI Lense

REI Lense

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$3,063 (target)

1914 Pioneer Avenue, Porterville, CA 93257

3 beds • 2 baths • 1395 sqft

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This property looks like a bad Mid-Term investment with a projected 0% first-year return on $90,093 initial cash invested.

0%

Cash On Cash

6.47%

Cap Rate

1.07

DSCR

$3,063

Rent

$0

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,063 income − $3,063 expenses = $0 cash flow

Income$3,063Mortgage P&I$1,72756%Property Taxes$1726%Insurance$1214%Management$36812%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33711%

Investment Breakdown

|

Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,093

Downpayment

20%

$68,660

Closing costs

1%

$3,433

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,063

Total Expenses

$3,063

Mortgage P&I

56%

$1,727

Property Taxes

6%

$172

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$337

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