REI Lense

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$1,865 (target)

2700 Steensen St, Lake Isabella, CA 93240

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Long-Term investment with a projected -5.59% first-year return on $50,274 initial cash invested.

-5.59%

Cash On Cash

5.68%

Cap Rate

0.89

DSCR

$1,865

Rent

-$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,865 income − $2,099 expenses = $234 out of pocket

Income$1,865Out of Pocket$234Mortgage P&I$1,27468%Property Taxes$25514%Insurance$865%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,274

Downpayment

20%

$47,880

Closing costs

1%

$2,394

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,865

Total Expenses

$2,099

Mortgage P&I

68%

$1,274

Property Taxes

14%

$255

Home Insurance

5%

$86

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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