REI Lense

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$2,918 (target)

3124 E Newgrove St, Lancaster, CA 93535

3 beds • 2 baths • 1537 sqft

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This property looks like a bad Long-Term investment with a projected -8.25% first-year return on $94,416 initial cash invested.

-8.25%

Cash On Cash

4.59%

Cap Rate

0.77

DSCR

$2,918

Rent

-$649

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,918 income − $3,567 expenses = $649 out of pocket

Income$2,918Out of Pocket$649Mortgage P&I$2,22476%Property Taxes$42715%Insurance$1575%Management$29210%CapEx$1465%Vacancy$1756%Maintenance$1465%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,416

Downpayment

20%

$89,920

Closing costs

1%

$4,496

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,918

Total Expenses

$3,567

Mortgage P&I

76%

$2,224

Property Taxes

15%

$427

Home Insurance

5%

$157

HOA

0%

$0

Property Management

10%

$292

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

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