REI Lense

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$3,284 (target)

641 Lance Dr, Barstow, CA 92311

3 beds • 2 baths • 1226 sqft

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This property might be a fair Mid-Term investment with a projected 5.19% first-year return on $81,357 initial cash invested.

5.19%

Cash On Cash

7.84%

Cap Rate

1.32

DSCR

$3,284

Rent

$352

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,284 income − $2,932 expenses = $352 cash flow

Income$3,284Mortgage P&I$1,48845%Property Taxes$2217%Insurance$1073%Management$39412%CapEx$1314%Vacancy$993%Maintenance$1314%Other$36111%Cash Flow$352

Investment Breakdown

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Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,357

Downpayment

20%

$60,340

Closing costs

1%

$3,017

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,284

Total Expenses

$2,932

Mortgage P&I

45%

$1,488

Property Taxes

7%

$221

Home Insurance

3%

$107

HOA

0%

$0

Property Management

12%

$394

CapEx

4%

$131

Vacancy

3%

$99

Maintenance

4%

$131

Other

11%

$361

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