REI Lense

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$5,176 (target)

3 Mill Springs Ct, Pittsburg, CA 94565

3 beds • 2 baths • 1859 sqft

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This property looks like a bad Mid-Term investment with a projected -3.51% first-year return on $159k initial cash invested.

-3.51%

Cash On Cash

5.5%

Cap Rate

0.92

DSCR

$5,176

Rent

-$465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,176 income − $5,641 expenses = $465 out of pocket

Income$5,176Out of Pocket$465Mortgage P&I$3,33764%Property Taxes$3226%Insurance$2234%Management$62112%CapEx$2074%Vacancy$1553%Maintenance$2074%Other$56911%

Investment Breakdown

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Purchase Price

$672k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$134k

Closing costs

1%

$6,719

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,176

Total Expenses

$5,641

Mortgage P&I

64%

$3,337

Property Taxes

6%

$322

Home Insurance

4%

$223

HOA

0%

$0

Property Management

12%

$621

CapEx

4%

$207

Vacancy

3%

$155

Maintenance

4%

$207

Other

11%

$569

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