REI Lense

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$2,776 (target)

332 W Spring Lane, Lemoore, CA 93245

3 beds • 2 baths • 1040 sqft

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This property looks like a bad Mid-Term investment with a projected -1.56% first-year return on $84,108 initial cash invested.

-1.56%

Cash On Cash

6.04%

Cap Rate

1

DSCR

$2,776

Rent

-$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,776 income − $2,885 expenses = $109 out of pocket

Income$2,776Out of Pocket$109Mortgage P&I$1,58257%Property Taxes$2509%Insurance$1104%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,108

Downpayment

20%

$62,960

Closing costs

1%

$3,148

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,776

Total Expenses

$2,885

Mortgage P&I

57%

$1,582

Property Taxes

9%

$250

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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