REI Lense

REI Lense

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$2,525 (target)

40490 Melrose Ave, Hemet, CA 92544

3 beds • 2 baths • 1620 sqft

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This property looks like a bad Long-Term investment with a projected -9.87% first-year return on $87,654 initial cash invested.

-9.87%

Cash On Cash

4.11%

Cap Rate

0.71

DSCR

$2,525

Rent

-$721

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,525 income − $3,246 expenses = $721 out of pocket

Income$2,525Out of Pocket$721Mortgage P&I$2,02480%Property Taxes$41616%Insurance$1506%Management$25210%CapEx$1265%Vacancy$1526%Maintenance$1265%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,654

Downpayment

20%

$83,480

Closing costs

1%

$4,174

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,525

Total Expenses

$3,246

Mortgage P&I

80%

$2,024

Property Taxes

16%

$416

Home Insurance

6%

$150

HOA

0%

$0

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$152

Maintenance

5%

$126

Other

0%

$0

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