REI Lense

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$4,036 (target)

2053 Malcolm St, Simi Valley, CA 93065

3 beds • 2 baths • 1205 sqft

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This property looks like a bad Long-Term investment with a projected -9.66% first-year return on $167k initial cash invested.

-9.66%

Cash On Cash

4.22%

Cap Rate

0.71

DSCR

$4,036

Rent

-$1,344

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,036 income − $5,380 expenses = $1,344 out of pocket

Income$4,036Out of Pocket$1,344Mortgage P&I$3,93597%Property Taxes$1173%Insurance$2787%Management$40410%CapEx$2025%Vacancy$2426%Maintenance$2025%

Investment Breakdown

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Purchase Price

$795k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$167k

Downpayment

20%

$159k

Closing costs

1%

$7,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,036

Total Expenses

$5,380

Mortgage P&I

98%

$3,935

Property Taxes

3%

$117

Home Insurance

7%

$278

HOA

0%

$0

Property Management

10%

$404

CapEx

5%

$202

Vacancy

6%

$242

Maintenance

5%

$202

Other

0%

$0

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