REI Lense

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$2,579 (target)

567 N Grant Ave, Manteca, CA 95336

3 beds • 2 baths • 1395 sqft

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This property looks like a bad Long-Term investment with a projected -14.57% first-year return on $101k initial cash invested.

-14.57%

Cash On Cash

3.55%

Cap Rate

0.56

DSCR

$2,579

Rent

-$1,224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,579 income − $3,803 expenses = $1,224 out of pocket

Income$2,579Out of Pocket$1,224Mortgage P&I$2,51698%Property Taxes$44817%Insurance$1687%Management$25810%CapEx$1295%Vacancy$1556%Maintenance$1295%

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$95,990

Closing costs

1%

$4,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,579

Total Expenses

$3,803

Mortgage P&I

98%

$2,516

Property Taxes

17%

$448

Home Insurance

7%

$168

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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