REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1963 W Merritt Street, Hanford, CA 93230

3 beds • 2 baths • 1332 sqft

Email

This property looks like a bad Airbnb investment with a projected -4.01% first-year return on $96,771 initial cash invested.

-4.01%

Cash On Cash

5.23%

Cap Rate

0.9

DSCR

$3,686

Rent

-$323

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,771

Downpayment

20%

$75,020

Closing costs

1%

$3,751

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,686

Total Expenses

$4,009

Mortgage P&I

49%

$1,812

Property Taxes

8%

$297

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$553

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$922

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis