REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,150 (target)

29227 Gooseneck Trl, Menifee, CA 92584

3 beds • 3 baths • 1901 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.99% first-year return on $149k initial cash invested.

-5.99%

Cash On Cash

4.97%

Cap Rate

0.83

DSCR

$5,150

Rent

-$741

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,150 income − $5,891 expenses = $741 out of pocket

Income$5,150Out of Pocket$741Mortgage P&I$3,11060%Property Taxes$54010%Insurance$2335%HOA$2585%Management$61812%CapEx$2064%Vacancy$1543%Maintenance$2064%Other$56611%

Investment Breakdown

|

Purchase Price

$622k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$124k

Closing costs

1%

$6,217

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,150

Total Expenses

$5,891

Mortgage P&I

60%

$3,110

Property Taxes

10%

$540

Home Insurance

5%

$233

HOA

5%

$258

Property Management

12%

$618

CapEx

4%

$206

Vacancy

3%

$154

Maintenance

4%

$206

Other

11%

$566

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis