REI Lense

REI Lense

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$2,049 (target)

2264 Fairmont Dr, Hanford, CA 93230

3 beds • 2 baths • 1450 sqft

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This property looks like a bad Long-Term investment with a projected -11.49% first-year return on $67,683 initial cash invested.

-11.49%

Cash On Cash

4.52%

Cap Rate

0.69

DSCR

$2,049

Rent

-$648

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,049 income − $2,697 expenses = $648 out of pocket

Income$2,049Out of Pocket$648Mortgage P&I$1,76186%Property Taxes$29014%Insurance$1146%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

|

Purchase Price

$322k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,683

Downpayment

20%

$64,460

Closing costs

1%

$3,223

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,049

Total Expenses

$2,697

Mortgage P&I

86%

$1,761

Property Taxes

14%

$290

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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