REI Lense

REI Lense

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$2,878 (target)

3823 Merrimac Ct, Stockton, CA 95219

3 beds • 3 baths • 2519 sqft

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This property looks like a bad Long-Term investment with a projected -20.24% first-year return on $163k initial cash invested.

-20.24%

Cash On Cash

1.98%

Cap Rate

0.33

DSCR

$2,878

Rent

-$2,747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$776k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$155k

Closing costs

1%

$7,757

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,878

Total Expenses

$5,625

Mortgage P&I

135%

$3,883

Property Taxes

20%

$588

Home Insurance

10%

$276

HOA

4%

$129

Property Management

10%

$288

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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