REI Lense

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$2,833 (target)

24716 Freeport Dr, Moreno Valley, CA 92551

3 beds • 2 baths • 1352 sqft

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This property looks like a bad Long-Term investment with a projected -10.61% first-year return on $119k initial cash invested.

-10.61%

Cash On Cash

3.89%

Cap Rate

0.67

DSCR

$2,833

Rent

-$1,049

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,833 income − $3,882 expenses = $1,049 out of pocket

Income$2,833Out of Pocket$1,049Mortgage P&I$2,74097%Property Taxes$2077%Insurance$1987%Management$28310%CapEx$1425%Vacancy$1706%Maintenance$1425%

Investment Breakdown

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Purchase Price

$565k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$113k

Closing costs

1%

$5,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,833

Total Expenses

$3,882

Mortgage P&I

97%

$2,740

Property Taxes

7%

$207

Home Insurance

7%

$198

HOA

0%

$0

Property Management

10%

$283

CapEx

5%

$142

Vacancy

6%

$170

Maintenance

5%

$142

Other

0%

$0

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