REI Lense

REI Lense

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$1,728 (target)

613 Follett Street, Lemoore, CA 93245

3 beds • 2 baths • 1089 sqft

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This property looks like a bad Long-Term investment with a projected -9.45% first-year return on $62,748 initial cash invested.

-9.45%

Cash On Cash

4.37%

Cap Rate

0.73

DSCR

$1,728

Rent

-$494

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,728 income − $2,222 expenses = $494 out of pocket

Income$1,728Out of Pocket$494Mortgage P&I$1,49687%Property Taxes$17210%Insurance$1056%Management$17310%CapEx$865%Vacancy$1046%Maintenance$865%

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,748

Downpayment

20%

$59,760

Closing costs

1%

$2,988

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,728

Total Expenses

$2,222

Mortgage P&I

87%

$1,496

Property Taxes

10%

$172

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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