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$5,823 (target)

1022 S 22nd St, Banning, CA 92220

3 beds • 3 baths • 2575 sqft

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This property looks like a bad Mid-Term investment with a projected -13.06% first-year return on $207k initial cash invested.

-13.06%

Cash On Cash

3.85%

Cap Rate

0.59

DSCR

$5,823

Rent

-$2,251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,823 income − $8,074 expenses = $2,251 out of pocket

Income$5,823Out of Pocket$2,251Mortgage P&I$4,90284%Property Taxes$87615%Insurance$3155%Management$69912%CapEx$2334%Vacancy$1753%Maintenance$2334%Other$64111%

Investment Breakdown

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Purchase Price

$899k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$207k

Downpayment

20%

$180k

Closing costs

1%

$8,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,823

Total Expenses

$8,074

Mortgage P&I

84%

$4,902

Property Taxes

15%

$876

Home Insurance

5%

$315

HOA

0%

$0

Property Management

12%

$699

CapEx

4%

$233

Vacancy

3%

$175

Maintenance

4%

$233

Other

11%

$641

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