REI Lense

REI Lense

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$3,243 (target)

511 Avenida Montecito Verde, Nipomo, CA 93444

3 beds • 2 baths • 1110 sqft

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This property looks like a bad Long-Term investment with a projected -13.08% first-year return on $140k initial cash invested.

-13.08%

Cash On Cash

3.48%

Cap Rate

0.59

DSCR

$3,243

Rent

-$1,527

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$667k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$133k

Closing costs

1%

$6,672

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,243

Total Expenses

$4,770

Mortgage P&I

102%

$3,300

Property Taxes

12%

$393

Home Insurance

7%

$234

HOA

0%

$0

Property Management

10%

$324

CapEx

5%

$162

Vacancy

6%

$195

Maintenance

5%

$162

Other

0%

$0

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