REI Lense

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$3,512 (target)

3948 Majestic Dr, Concord, CA 94519

3 beds • 2 baths • 1294 sqft

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This property looks like a bad Long-Term investment with a projected -16.03% first-year return on $158k initial cash invested.

-16.03%

Cash On Cash

2.87%

Cap Rate

0.48

DSCR

$3,512

Rent

-$2,108

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,512 income − $5,620 expenses = $2,108 out of pocket

Income$3,512Out of Pocket$2,108Mortgage P&I$3,732106%Property Taxes$69420%Insurance$2808%Management$35110%CapEx$1765%Vacancy$2116%Maintenance$1765%

Investment Breakdown

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Purchase Price

$752k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$150k

Closing costs

1%

$7,515

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,512

Total Expenses

$5,620

Mortgage P&I

106%

$3,732

Property Taxes

20%

$694

Home Insurance

8%

$280

HOA

0%

$0

Property Management

10%

$351

CapEx

5%

$176

Vacancy

6%

$211

Maintenance

5%

$176

Other

0%

$0

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