REI Lense

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$1,874 (target)

954 Martin Luther King Jr Avenue #Tulare, Tulare, CA 93274

3 beds • 2 baths • 1229 sqft

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This property looks like a bad Long-Term investment with a projected -6.17% first-year return on $68,796 initial cash invested.

-6.17%

Cash On Cash

4.99%

Cap Rate

0.84

DSCR

$1,874

Rent

-$354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,874 income − $2,228 expenses = $354 out of pocket

Income$1,874Out of Pocket$354Mortgage P&I$1,62186%Property Taxes$4Insurance$1166%Management$18710%CapEx$945%Vacancy$1126%Maintenance$945%

Investment Breakdown

|

Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,796

Downpayment

20%

$65,520

Closing costs

1%

$3,276

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,874

Total Expenses

$2,228

Mortgage P&I

87%

$1,621

Property Taxes

0%

$4

Home Insurance

6%

$116

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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