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$8,440 (target)

115 Columbia Dr, Rancho Mirage, CA 92270

3 beds • 3 baths • 3088 sqft

$1,120,700

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This property looks like a bad Mid-Term investment with a projected -17.29% first-year return on $253k initial cash invested.

-17.29%

Cash On Cash

2.56%

Cap Rate

0.42

DSCR

$8,440

Rent

-$3,650

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,440 income − $12,090 expenses = $3,650 out of pocket

Income$8,440Out of Pocket$3,650Mortgage P&I$5,70368%Property Taxes$1,28015%Insurance$4115%HOA$1,82622%Management$1,01312%CapEx$3384%Vacancy$2533%Maintenance$3384%Other$92811%

Investment Breakdown

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Purchase Price

$1121k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$253k

Downpayment

20%

$224k

Closing costs

1%

$11,207

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,440

Total Expenses

$12,090

Mortgage P&I

68%

$5,703

Property Taxes

15%

$1,280

Home Insurance

5%

$411

HOA

22%

$1,826

Property Management

12%

$1,013

CapEx

4%

$338

Vacancy

3%

$253

Maintenance

4%

$338

Other

11%

$928

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