REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,634 (target)

29117 Steamboat Dr, Menifee, CA 92585

3 beds • 2 baths • 2284 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.3% first-year return on $144k initial cash invested.

-8.3%

Cash On Cash

4.72%

Cap Rate

0.74

DSCR

$4,634

Rent

-$994

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,634 income − $5,628 expenses = $994 out of pocket

Income$4,634Out of Pocket$994Mortgage P&I$3,16268%Property Taxes$58513%Insurance$2105%HOA$962%Management$55612%CapEx$1854%Vacancy$1393%Maintenance$1854%Other$51011%

Investment Breakdown

|

Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,988

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,634

Total Expenses

$5,628

Mortgage P&I

68%

$3,162

Property Taxes

13%

$585

Home Insurance

5%

$210

HOA

2%

$96

Property Management

12%

$556

CapEx

4%

$185

Vacancy

3%

$139

Maintenance

4%

$185

Other

11%

$510

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis