REI Lense

REI Lense

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$1,502 (target)

461 N Cottage Street, Porterville, CA 93257

3 beds • 2 baths • 1636 sqft

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This property looks like a bad Long-Term investment with a projected -16.59% first-year return on $77,490 initial cash invested.

-16.59%

Cash On Cash

2.55%

Cap Rate

0.44

DSCR

$1,502

Rent

-$1,071

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

$77,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,502

Total Expenses

$2,573

Mortgage P&I

119%

$1,780

Property Taxes

18%

$274

Home Insurance

9%

$129

HOA

0%

$0

Property Management

10%

$150

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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