REI Lense

REI Lense

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$2,325 (target)

802 S Bay Hill Rd, Banning, CA 92220

3 beds • 2 baths • 1505 sqft

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This property looks like a bad Long-Term investment with a projected -8.85% first-year return on $57,750 initial cash invested.

-8.85%

Cash On Cash

4.64%

Cap Rate

0.77

DSCR

$2,325

Rent

-$426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,325 income − $2,751 expenses = $426 out of pocket

Income$2,325Out of Pocket$426Mortgage P&I$1,37359%Property Taxes$26812%Insurance$964%HOA$41018%Management$23210%CapEx$1165%Vacancy$1406%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,325

Total Expenses

$2,751

Mortgage P&I

59%

$1,373

Property Taxes

12%

$268

Home Insurance

4%

$96

HOA

18%

$410

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$140

Maintenance

5%

$116

Other

0%

$0

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