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$5,627 (target)

115 Columbia Dr, Rancho Mirage, CA 92270

3 beds • 3 baths • 3088 sqft

$1,120,700

View on Zillow
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This property looks like a bad Long-Term investment with a projected -25.78% first-year return on $235k initial cash invested.

-25.78%

Cash On Cash

0.99%

Cap Rate

0.16

DSCR

$5,627

Rent

-$5,056

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,627 income − $10,683 expenses = $5,056 out of pocket

Income$5,627Out of Pocket$5,056Mortgage P&I$5,703101%Property Taxes$1,28023%Insurance$4117%HOA$1,82632%Management$56310%CapEx$2815%Vacancy$3386%Maintenance$2815%

Investment Breakdown

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Purchase Price

$1121k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$235k

Downpayment

20%

$224k

Closing costs

1%

$11,207

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,627

Total Expenses

$10,683

Mortgage P&I

101%

$5,703

Property Taxes

23%

$1,280

Home Insurance

7%

$411

HOA

32%

$1,826

Property Management

10%

$563

CapEx

5%

$281

Vacancy

6%

$338

Maintenance

5%

$281

Other

0%

$0

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