REI Lense

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$3,760 (target)

2242 E Howard Avenue, Visalia, CA 93292

3 beds • 2 baths • 1989 sqft

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This property looks like a bad Mid-Term investment with a projected -1.34% first-year return on $103k initial cash invested.

-1.34%

Cash On Cash

6.13%

Cap Rate

1.02

DSCR

$3,760

Rent

-$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,760 income − $3,875 expenses = $115 out of pocket

Income$3,760Out of Pocket$115Mortgage P&I$2,03354%Property Taxes$42211%Insurance$1424%Management$45112%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41411%

Investment Breakdown

|

Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,980

Closing costs

1%

$4,049

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,760

Total Expenses

$3,875

Mortgage P&I

54%

$2,033

Property Taxes

11%

$422

Home Insurance

4%

$142

HOA

0%

$0

Property Management

12%

$451

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$414

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