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2138 W River Springs Avenue, Porterville, CA 93257
3 beds • 2 baths • 1617 sqft
$408,500
View on ZillowThis property looks like a bad Mid-Term investment with a projected -1.1% first-year return on $104k initial cash invested.
-1.1%
Cash On Cash
6.02%
Cap Rate
1.02
DSCR
$3,536
Rent
-$95
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
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Purchase Price
$409k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$104k
Downpayment
20%
$81,700
Closing costs
1%
$4,085
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,536
Total Expenses
$3,631
Mortgage P&I
57%
$2,002
Property Taxes
8%
$284
Home Insurance
4%
$144
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$389