REI Lense

REI Lense

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$4,491 (target)

40324 Homeridge Dr, Palmdale, CA 93551

3 beds • 2 baths • 1410 sqft

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This property looks like a bad Mid-Term investment with a projected -2.55% first-year return on $123k initial cash invested.

-2.55%

Cash On Cash

5.95%

Cap Rate

0.97

DSCR

$4,491

Rent

-$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,491 income − $4,752 expenses = $261 out of pocket

Income$4,491Out of Pocket$261Mortgage P&I$2,55757%Property Taxes$49211%Insurance$1754%Management$53912%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49411%

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,860

Closing costs

1%

$4,993

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,491

Total Expenses

$4,752

Mortgage P&I

57%

$2,557

Property Taxes

11%

$492

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$539

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$494

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