REI Lense

REI Lense

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$1,855 (target)

2863 Oleander Ave, Merced, CA 95340

3 beds • 2 baths • 1186 sqft

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This property looks like a bad Long-Term investment with a projected -11.29% first-year return on $70,287 initial cash invested.

-11.29%

Cash On Cash

3.94%

Cap Rate

0.66

DSCR

$1,855

Rent

-$661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,855 income − $2,516 expenses = $661 out of pocket

Income$1,855Out of Pocket$661Mortgage P&I$1,66790%Property Taxes$25814%Insurance$1086%Management$18610%CapEx$935%Vacancy$1116%Maintenance$935%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,287

Downpayment

20%

$66,940

Closing costs

1%

$3,347

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,855

Total Expenses

$2,516

Mortgage P&I

90%

$1,667

Property Taxes

14%

$258

Home Insurance

6%

$108

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

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