REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2901 Hemminger Way, Modesto, CA 95350

3 beds • 2 baths • 1144 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.98% first-year return on $105k initial cash invested.

-15.98%

Cash On Cash

2.37%

Cap Rate

0.39

DSCR

$2,426

Rent

-$1,399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,426 income − $3,825 expenses = $1,399 out of pocket

Income$2,426Out of Pocket$1,399Mortgage P&I$2,12287%Property Taxes$39216%Insurance$1476%Management$36415%CapEx$974%Maintenance$974%Other$60625%

Investment Breakdown

|

Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,880

Closing costs

1%

$4,144

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,426

Total Expenses

$3,825

Mortgage P&I

87%

$2,122

Property Taxes

16%

$392

Home Insurance

6%

$147

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis