REI Lense

REI Lense

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$2,000 (target)

409 Birkdale Way, Bakersfield, CA 93309

3 beds • 2 baths • 1323 sqft

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This property looks like a bad Long-Term investment with a projected -11.2% first-year return on $63,651 initial cash invested.

-11.2%

Cash On Cash

4.4%

Cap Rate

0.69

DSCR

$2,000

Rent

-$594

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,000 income − $2,594 expenses = $594 out of pocket

Income$2,000Out of Pocket$594Mortgage P&I$1,60580%Property Taxes$31816%Insurance$1075%HOA$442%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$303k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,651

Downpayment

20%

$60,620

Closing costs

1%

$3,031

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,000

Total Expenses

$2,594

Mortgage P&I

80%

$1,605

Property Taxes

16%

$318

Home Insurance

5%

$107

HOA

2%

$44

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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