REI Lense

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$3,402 (target)

9603 Silver Falls Ln, Shafter, CA 93263

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Mid-Term investment with a projected -1.73% first-year return on $93,180 initial cash invested.

-1.73%

Cash On Cash

6.04%

Cap Rate

1

DSCR

$3,402

Rent

-$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,402 income − $3,536 expenses = $134 out of pocket

Income$3,402Out of Pocket$134Mortgage P&I$1,79953%Property Taxes$45513%Insurance$1264%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%

Investment Breakdown

|

Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,180

Downpayment

20%

$71,600

Closing costs

1%

$3,580

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,402

Total Expenses

$3,536

Mortgage P&I

53%

$1,799

Property Taxes

13%

$455

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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