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1035 W Hoffer St, Banning, CA 92220

3 beds • 2 baths • 1405 sqft

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This property looks like a bad Mid-Term investment with a projected -6.89% first-year return on $125k initial cash invested.

-6.89%

Cash On Cash

4.45%

Cap Rate

0.77

DSCR

$3,702

Rent

-$715

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$508k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,075

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,702

Total Expenses

$4,417

Mortgage P&I

66%

$2,450

Property Taxes

14%

$529

Home Insurance

5%

$180

HOA

0%

$0

Property Management

12%

$444

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$407

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