REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,626 (target)

310 2nd St, Solvang, CA 93463

3 beds • 3 baths • 2070 sqft

$1,160,300

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -13.65% first-year return on $262k initial cash invested.

-13.65%

Cash On Cash

3.26%

Cap Rate

0.54

DSCR

$6,626

Rent

-$2,976

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,626 income − $9,602 expenses = $2,976 out of pocket

Income$6,626Out of Pocket$2,976Mortgage P&I$5,86589%Property Taxes$1,06616%Insurance$4186%Management$79512%CapEx$2654%Vacancy$1993%Maintenance$2654%Other$72911%

Investment Breakdown

|

Purchase Price

$1160k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$262k

Downpayment

20%

$232k

Closing costs

1%

$11,603

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,626

Total Expenses

$9,602

Mortgage P&I

89%

$5,865

Property Taxes

16%

$1,066

Home Insurance

6%

$418

HOA

0%

$0

Property Management

12%

$795

CapEx

4%

$265

Vacancy

3%

$199

Maintenance

4%

$265

Other

11%

$729

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis