REI Lense

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$4,294 (target)

60324 La Mirada St, Joshua Tree, CA 92252

3 beds • 2 baths • 1066 sqft

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This property might be a fair Mid-Term investment with a projected 8.48% first-year return on $88,203 initial cash invested.

8.48%

Cash On Cash

9.21%

Cap Rate

1.45

DSCR

$4,294

Rent

$623

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,294 income − $3,671 expenses = $623 cash flow

Income$4,294Mortgage P&I$1,77241%Property Taxes$3207%Insurance$1193%Management$51512%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47211%Cash Flow$623

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,203

Downpayment

20%

$66,860

Closing costs

1%

$3,343

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,294

Total Expenses

$3,671

Mortgage P&I

41%

$1,772

Property Taxes

7%

$320

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$515

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$472

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