REI Lense

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$3,883 (target)

3097 Messinger Dr, Marina, CA 93933

3 beds • 2 baths • 1491 sqft

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This property looks like a bad Long-Term investment with a projected -16.02% first-year return on $178k initial cash invested.

-16.02%

Cash On Cash

2.87%

Cap Rate

0.48

DSCR

$3,883

Rent

-$2,378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,883 income − $6,261 expenses = $2,378 out of pocket

Income$3,883Out of Pocket$2,378Mortgage P&I$4,215109%Property Taxes$73619%Insurance$3018%Management$38810%CapEx$1945%Vacancy$2336%Maintenance$1945%

Investment Breakdown

|

Purchase Price

$848k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$178k

Downpayment

20%

$170k

Closing costs

1%

$8,481

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,883

Total Expenses

$6,261

Mortgage P&I

109%

$4,215

Property Taxes

19%

$736

Home Insurance

8%

$301

HOA

0%

$0

Property Management

10%

$388

CapEx

5%

$194

Vacancy

6%

$233

Maintenance

5%

$194

Other

0%

$0

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