REI Lense

REI Lense

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$2,394 (target)

9400 Kemper Rd, Mojave, CA 93501

3 beds • 2 baths • 1673 sqft

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This property looks like a bad Long-Term investment with a projected -7.85% first-year return on $83,811 initial cash invested.

-7.85%

Cash On Cash

4.78%

Cap Rate

0.79

DSCR

$2,394

Rent

-$548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,394 income − $2,942 expenses = $548 out of pocket

Income$2,394Out of Pocket$548Mortgage P&I$2,01884%Property Taxes$1617%Insurance$1406%Management$23910%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

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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

$2,394

Total Expenses

$2,942

Mortgage P&I

84%

$2,018

Property Taxes

7%

$161

Home Insurance

6%

$140

HOA

0%

$0

Property Management

10%

$239

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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