REI Lense

REI Lense

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$2,253 (target)

461 N Cottage Street, Porterville, CA 93257

3 beds • 2 baths • 1636 sqft

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This property looks like a bad Mid-Term investment with a projected -8.75% first-year return on $95,490 initial cash invested.

-8.75%

Cash On Cash

3.82%

Cap Rate

0.66

DSCR

$2,253

Rent

-$696

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,253

Total Expenses

$2,949

Mortgage P&I

79%

$1,780

Property Taxes

12%

$274

Home Insurance

6%

$129

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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