REI Lense

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$3,224 (target)

678 Little Ave, Gridley, CA 95948

3 beds • 2 baths • 1505 sqft

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This property looks like a bad Mid-Term investment with a projected -0.66% first-year return on $96,687 initial cash invested.

-0.66%

Cash On Cash

6.18%

Cap Rate

1.04

DSCR

$3,224

Rent

-$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,224 income − $3,277 expenses = $53 out of pocket

Income$3,224Out of Pocket$53Mortgage P&I$1,85458%Property Taxes$1936%Insurance$1334%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,687

Downpayment

20%

$74,940

Closing costs

1%

$3,747

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,224

Total Expenses

$3,277

Mortgage P&I

58%

$1,854

Property Taxes

6%

$193

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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