REI Lense

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$3,023 (target)

5139 Contay Way, Riverside, CA 92509

3 beds • 2 baths • 1481 sqft

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This property looks like a bad Long-Term investment with a projected -15.22% first-year return on $118k initial cash invested.

-15.22%

Cash On Cash

3.35%

Cap Rate

0.54

DSCR

$3,023

Rent

-$1,498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,023 income − $4,521 expenses = $1,498 out of pocket

Income$3,023Out of Pocket$1,498Mortgage P&I$2,91696%Property Taxes$57419%Insurance$2067%HOA$401%Management$30210%CapEx$1515%Vacancy$1816%Maintenance$1515%

Investment Breakdown

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Purchase Price

$563k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$113k

Closing costs

1%

$5,625

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,023

Total Expenses

$4,521

Mortgage P&I

96%

$2,916

Property Taxes

19%

$574

Home Insurance

7%

$206

HOA

1%

$40

Property Management

10%

$302

CapEx

5%

$151

Vacancy

6%

$181

Maintenance

5%

$151

Other

0%

$0

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