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$3,357 (target)

68 N Corona Drive, Porterville, CA 93257

3 beds • 2 baths • 1877 sqft

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This property might be a fair Mid-Term investment with a projected 1.23% first-year return on $93,831 initial cash invested.

1.23%

Cash On Cash

6.68%

Cap Rate

1.13

DSCR

$3,357

Rent

$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,357 income − $3,261 expenses = $96 cash flow

Income$3,357Mortgage P&I$1,77953%Property Taxes$2126%Insurance$1294%Management$40312%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%Cash Flow$96

Investment Breakdown

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Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,831

Downpayment

20%

$72,220

Closing costs

1%

$3,611

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,357

Total Expenses

$3,261

Mortgage P&I

53%

$1,779

Property Taxes

6%

$212

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$403

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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