REI Lense

REI Lense

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$2,339 (target)

5205 Snowline Rd, Phelan, CA 92371

3 beds • 2 baths • 1915 sqft

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This property looks like a bad Long-Term investment with a projected -18.32% first-year return on $143k initial cash invested.

-18.32%

Cash On Cash

2.37%

Cap Rate

0.39

DSCR

$2,339

Rent

-$2,178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,339 income − $4,517 expenses = $2,178 out of pocket

Income$2,339Out of Pocket$2,178Mortgage P&I$3,401145%Property Taxes$26711%Insurance$24110%Management$23410%CapEx$1175%Vacancy$1406%Maintenance$1175%

Investment Breakdown

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Purchase Price

$679k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$136k

Closing costs

1%

$6,794

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,339

Total Expenses

$4,517

Mortgage P&I

145%

$3,401

Property Taxes

11%

$267

Home Insurance

10%

$241

HOA

0%

$0

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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