REI Lense

REI Lense

Unlock all features! Tap here to upgrade

405 E Magnolia Ave, Hanford, CA 93230

3 beds • 2 baths • 1470 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.65% first-year return on $99,690 initial cash invested.

-10.65%

Cash On Cash

4.38%

Cap Rate

0.65

DSCR

$3,396

Rent

-$885

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,396 income − $4,281 expenses = $885 out of pocket

Income$3,396Out of Pocket$885Mortgage P&I$2,16864%Property Taxes$34710%Insurance$1364%Management$50915%CapEx$1364%Maintenance$1364%Other$84925%

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,396

Total Expenses

$4,281

Mortgage P&I

64%

$2,168

Property Taxes

10%

$347

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$509

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$849

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis