REI Lense

REI Lense

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$2,551 (target)

2320 Rankin Ct, Patterson, CA 95363

3 beds • 2 baths • 1507 sqft

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This property looks like a bad Long-Term investment with a projected -14.57% first-year return on $97,898 initial cash invested.

-14.57%

Cash On Cash

3.65%

Cap Rate

0.57

DSCR

$2,551

Rent

-$1,189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,551 income − $3,740 expenses = $1,189 out of pocket

Income$2,551Out of Pocket$1,189Mortgage P&I$2,47897%Property Taxes$43517%Insurance$1636%Management$25510%CapEx$1285%Vacancy$1536%Maintenance$1285%

Investment Breakdown

|

Purchase Price

$466k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,898

Downpayment

20%

$93,236

Closing costs

1%

$4,662

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,551

Total Expenses

$3,740

Mortgage P&I

97%

$2,478

Property Taxes

17%

$435

Home Insurance

6%

$163

HOA

0%

$0

Property Management

10%

$255

CapEx

5%

$128

Vacancy

6%

$153

Maintenance

5%

$128

Other

0%

$0

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