REI Lense

REI Lense

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Target property

803 E Palm Ave, Redlands, CA 92374

3 beds • 2 baths • 1501 sqft

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This property looks like a bad Airbnb investment with a projected -33.48% first-year return on $150k initial cash invested.

-33.48%

Cash On Cash

-1.99%

Cap Rate

-0.33

DSCR

$0

Rent

-$4,193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $4,193 expenses = $4,193 out of pocket

Income$0Out of Pocket$4,193Mortgage P&I$3,149Property Taxes$502Insurance$220HOA$322

Investment Breakdown

|

Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,299

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$0

Total Expenses

$4,193

Mortgage P&I

31490000%

$3,149

Property Taxes

5020000%

$502

Home Insurance

2200000%

$220

HOA

3220000%

$322

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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