REI Lense

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$2,336 (target)

196 W Putnam, Porterville, CA 93257

3 beds • 2 baths • 1644 sqft

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This property looks like a bad Mid-Term investment with a projected -9.82% first-year return on $91,269 initial cash invested.

-9.82%

Cash On Cash

4.07%

Cap Rate

0.64

DSCR

$2,336

Rent

-$747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $3,083 expenses = $747 out of pocket

Income$2,336Out of Pocket$747Mortgage P&I$1,83879%Property Taxes$32714%Insurance$1255%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%

Investment Breakdown

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Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,269

Downpayment

20%

$69,780

Closing costs

1%

$3,489

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$3,083

Mortgage P&I

79%

$1,838

Property Taxes

14%

$327

Home Insurance

5%

$125

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

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