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2124 Cortner Street, Hanford, CA 93230

3 beds • 2 baths • 2200 sqft

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This property looks like a bad Long-Term investment with a projected -16.46% first-year return on $111k initial cash invested.

-16.46%

Cash On Cash

2.76%

Cap Rate

0.46

DSCR

$2,380

Rent

-$1,517

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$527k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$105k

Closing costs

1%

$5,265

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,380

Total Expenses

$3,897

Mortgage P&I

110%

$2,608

Property Taxes

20%

$486

Home Insurance

8%

$184

HOA

0%

$0

Property Management

10%

$238

CapEx

5%

$119

Vacancy

6%

$143

Maintenance

5%

$119

Other

0%

$0

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