REI Lense

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$2,790 (target)

2212 Ellice Way, Fernley, NV 89408

3 beds • 2 baths • 1250 sqft

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This property looks like a bad Mid-Term investment with a projected -4.66% first-year return on $98,178 initial cash invested.

-4.66%

Cash On Cash

5.27%

Cap Rate

0.86

DSCR

$2,790

Rent

-$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,790 income − $3,171 expenses = $381 out of pocket

Income$2,790Out of Pocket$381Mortgage P&I$1,94570%Property Taxes$1425%Insurance$1345%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%

Investment Breakdown

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Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,178

Downpayment

20%

$76,360

Closing costs

1%

$3,818

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,790

Total Expenses

$3,171

Mortgage P&I

70%

$1,945

Property Taxes

5%

$142

Home Insurance

5%

$134

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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