REI Lense

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$2,362 (target)

9286 Nevada Rd, Phelan, CA 92371

3 beds • 2 baths • 1758 sqft

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This property looks like a bad Long-Term investment with a projected -8.69% first-year return on $83,811 initial cash invested.

-8.69%

Cash On Cash

4.57%

Cap Rate

0.76

DSCR

$2,362

Rent

-$607

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,362 income − $2,969 expenses = $607 out of pocket

Income$2,362Out of Pocket$607Mortgage P&I$2,00985%Property Taxes$2069%Insurance$1406%Management$23610%CapEx$1185%Vacancy$1426%Maintenance$1185%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,811

Downpayment

20%

$79,820

Closing costs

1%

$3,991

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,362

Total Expenses

$2,969

Mortgage P&I

85%

$2,009

Property Taxes

9%

$206

Home Insurance

6%

$140

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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