REI Lense

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$2,796 (target)

840 Laurel Avenue, Lindsay, CA 93247

3 beds • 2 baths • 1444 sqft

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This property might be a fair Mid-Term investment with a projected 4.89% first-year return on $74,553 initial cash invested.

4.89%

Cash On Cash

7.82%

Cap Rate

1.31

DSCR

$2,796

Rent

$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,796 income − $2,492 expenses = $304 cash flow

Income$2,796Mortgage P&I$1,33948%Property Taxes$994%Insurance$1024%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$304

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,553

Downpayment

20%

$53,860

Closing costs

1%

$2,693

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,796

Total Expenses

$2,492

Mortgage P&I

48%

$1,339

Property Taxes

4%

$99

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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