REI Lense

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$2,644 (target)

3309 Twin Knolls Ln, Shafter, CA 93263

3 beds • 2 baths • 1629 sqft

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This property looks like a bad Long-Term investment with a projected -10.8% first-year return on $85,638 initial cash invested.

-10.8%

Cash On Cash

4.13%

Cap Rate

0.69

DSCR

$2,644

Rent

-$771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,644 income − $3,415 expenses = $771 out of pocket

Income$2,644Out of Pocket$771Mortgage P&I$2,04277%Property Taxes$54220%Insurance$1445%Management$26410%CapEx$1325%Vacancy$1596%Maintenance$1325%

Investment Breakdown

|

Purchase Price

$408k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,638

Downpayment

20%

$81,560

Closing costs

1%

$4,078

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,644

Total Expenses

$3,415

Mortgage P&I

77%

$2,042

Property Taxes

21%

$542

Home Insurance

5%

$144

HOA

0%

$0

Property Management

10%

$264

CapEx

5%

$132

Vacancy

6%

$159

Maintenance

5%

$132

Other

0%

$0

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