REI Lense

REI Lense

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$1,864 (target)

840 Laurel Avenue, Lindsay, CA 93247

3 beds • 2 baths • 1444 sqft

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This property looks like a bad Long-Term investment with a projected -3.4% first-year return on $56,553 initial cash invested.

-3.4%

Cash On Cash

5.67%

Cap Rate

0.95

DSCR

$1,864

Rent

-$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,864 income − $2,024 expenses = $160 out of pocket

Income$1,864Out of Pocket$160Mortgage P&I$1,33972%Property Taxes$995%Insurance$1025%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,553

Downpayment

20%

$53,860

Closing costs

1%

$2,693

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,864

Total Expenses

$2,024

Mortgage P&I

72%

$1,339

Property Taxes

5%

$99

Home Insurance

5%

$102

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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