REI Lense

REI Lense

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$2,755 (target)

5831 Oakmont Dr, Banning, CA 92220

3 beds • 2 baths • 1505 sqft

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This property looks like a bad Long-Term investment with a projected -11.47% first-year return on $80,997 initial cash invested.

-11.47%

Cash On Cash

4.07%

Cap Rate

0.67

DSCR

$2,755

Rent

-$774

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,755 income − $3,529 expenses = $774 out of pocket

Income$2,755Out of Pocket$774Mortgage P&I$1,94571%Property Taxes$32412%Insurance$1335%HOA$41015%Management$27610%CapEx$1385%Vacancy$1656%Maintenance$1385%

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,997

Downpayment

20%

$77,140

Closing costs

1%

$3,857

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,755

Total Expenses

$3,529

Mortgage P&I

71%

$1,945

Property Taxes

12%

$324

Home Insurance

5%

$133

HOA

15%

$410

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$165

Maintenance

5%

$138

Other

0%

$0

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