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613 E Spruce Avenue, Lemoore, CA 93245

3 beds • 2 baths • 1699 sqft

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This property looks like a bad Long-Term investment with a projected -8.23% first-year return on $79,590 initial cash invested.

-8.23%

Cash On Cash

4.54%

Cap Rate

0.77

DSCR

$2,230

Rent

-$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,590

Downpayment

20%

$75,800

Closing costs

1%

$3,790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,230

Total Expenses

$2,776

Mortgage P&I

84%

$1,868

Property Taxes

9%

$194

Home Insurance

6%

$133

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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