REI Lense

REI Lense

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$2,071 (target)

719 Pinon Ct, Ridgecrest, CA 93555

3 beds • 2 baths • 1788 sqft

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This property looks like a bad Long-Term investment with a projected -11.17% first-year return on $74,655 initial cash invested.

-11.17%

Cash On Cash

3.96%

Cap Rate

0.66

DSCR

$2,071

Rent

-$695

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,071 income − $2,766 expenses = $695 out of pocket

Income$2,071Out of Pocket$695Mortgage P&I$1,76385%Property Taxes$33816%Insurance$1266%Management$20710%CapEx$1045%Vacancy$1246%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,655

Downpayment

20%

$71,100

Closing costs

1%

$3,555

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,071

Total Expenses

$2,766

Mortgage P&I

85%

$1,763

Property Taxes

16%

$338

Home Insurance

6%

$126

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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