REI Lense

REI Lense

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$2,478 (target)

22809 Ocotillo Way, Apple Valley, CA 92308

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Long-Term investment with a projected -6.48% first-year return on $80,514 initial cash invested.

-6.48%

Cash On Cash

4.97%

Cap Rate

0.84

DSCR

$2,478

Rent

-$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,478 income − $2,913 expenses = $435 out of pocket

Income$2,478Out of Pocket$435Mortgage P&I$1,89977%Property Taxes$23610%Insurance$1335%Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

|

Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,514

Downpayment

20%

$76,680

Closing costs

1%

$3,834

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,478

Total Expenses

$2,913

Mortgage P&I

77%

$1,899

Property Taxes

10%

$236

Home Insurance

5%

$133

HOA

0%

$0

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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