REI Lense

REI Lense

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$2,719 (target)

37721 Harvey St, Palmdale, CA 93550

3 beds • 2 baths • 1397 sqft

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This property looks like a bad Long-Term investment with a projected -10.94% first-year return on $89,082 initial cash invested.

-10.94%

Cash On Cash

4.08%

Cap Rate

0.68

DSCR

$2,719

Rent

-$812

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,719 income − $3,531 expenses = $812 out of pocket

Income$2,719Out of Pocket$812Mortgage P&I$2,11778%Property Taxes$55821%Insurance$1495%Management$27210%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

|

Purchase Price

$424k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,082

Downpayment

20%

$84,840

Closing costs

1%

$4,242

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,719

Total Expenses

$3,531

Mortgage P&I

78%

$2,117

Property Taxes

21%

$558

Home Insurance

5%

$149

HOA

0%

$0

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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