REI Lense

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$1,894 (target)

701 Preston St, Alturas, CA 96101

3 beds • 2 baths • 1132 sqft

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This property could be a profitable Long-Term investment with a projected 20.89% first-year return on $30,324 initial cash invested.

20.89%

Cash On Cash

11.48%

Cap Rate

1.82

DSCR

$1,894

Rent

$528

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,894 income − $1,366 expenses = $528 cash flow

Income$1,894Mortgage P&I$75940%Property Taxes$653%Insurance$493%Management$18910%CapEx$955%Vacancy$1146%Maintenance$955%Cash Flow$528

Investment Breakdown

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Purchase Price

$144k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,324

Downpayment

20%

$28,880

Closing costs

1%

$1,444

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,894

Total Expenses

$1,366

Mortgage P&I

40%

$759

Property Taxes

3%

$65

Home Insurance

3%

$49

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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