REI Lense

REI Lense

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$4,808 (target)

1997 S Starfire Ave, Corona, CA 92879

3 beds • 2 baths • 1549 sqft

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This property looks like a bad Mid-Term investment with a projected -7.51% first-year return on $176k initial cash invested.

-7.51%

Cash On Cash

4.49%

Cap Rate

0.76

DSCR

$4,808

Rent

-$1,099

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,808 income − $5,907 expenses = $1,099 out of pocket

Income$4,808Out of Pocket$1,099Mortgage P&I$3,71377%Property Taxes$2986%Insurance$2625%Management$57712%CapEx$1924%Vacancy$1443%Maintenance$1924%Other$52911%

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$150k

Closing costs

1%

$7,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,808

Total Expenses

$5,907

Mortgage P&I

77%

$3,713

Property Taxes

6%

$298

Home Insurance

5%

$262

HOA

0%

$0

Property Management

12%

$577

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$529

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