REI Lense

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$2,863 (target)

28781 Belmont Ct, Menifee, CA 92586

3 beds • 3 baths • 3264 sqft

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This property looks like a bad Long-Term investment with a projected -16.29% first-year return on $154k initial cash invested.

-16.29%

Cash On Cash

2.8%

Cap Rate

0.47

DSCR

$2,863

Rent

-$2,090

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,863 income − $4,953 expenses = $2,090 out of pocket

Income$2,863Out of Pocket$2,090Mortgage P&I$3,659128%Property Taxes$2549%Insurance$2629%HOA$341%Management$28610%CapEx$1435%Vacancy$1726%Maintenance$1435%

Investment Breakdown

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Purchase Price

$733k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$147k

Closing costs

1%

$7,331

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,863

Total Expenses

$4,953

Mortgage P&I

128%

$3,659

Property Taxes

9%

$254

Home Insurance

9%

$262

HOA

1%

$34

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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