REI Lense

REI Lense

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$3,159 (target)

30024 Victoria Way, Lake Elsinore, CA 92530

3 beds • 3 baths • 1893 sqft

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This property looks like a bad Long-Term investment with a projected -14.17% first-year return on $112k initial cash invested.

-14.17%

Cash On Cash

3.34%

Cap Rate

0.56

DSCR

$3,159

Rent

-$1,325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$534k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$107k

Closing costs

1%

$5,343

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,159

Total Expenses

$4,484

Mortgage P&I

84%

$2,655

Property Taxes

21%

$664

Home Insurance

6%

$186

HOA

5%

$157

Property Management

10%

$316

CapEx

5%

$158

Vacancy

6%

$190

Maintenance

5%

$158

Other

0%

$0

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