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$4,640 (target)

1471 Rockcress Ln, Banning, CA 92220

3 beds • 3 baths • 1787 sqft

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This property looks like a bad Mid-Term investment with a projected -3.53% first-year return on $115k initial cash invested.

-3.53%

Cash On Cash

5.58%

Cap Rate

0.93

DSCR

$4,640

Rent

-$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,640 income − $4,977 expenses = $337 out of pocket

Income$4,640Out of Pocket$337Mortgage P&I$2,29149%Property Taxes$71915%Insurance$1664%HOA$2235%Management$55712%CapEx$1864%Vacancy$1393%Maintenance$1864%Other$51011%

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,000

Closing costs

1%

$4,600

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,640

Total Expenses

$4,977

Mortgage P&I

49%

$2,291

Property Taxes

16%

$719

Home Insurance

4%

$166

HOA

5%

$223

Property Management

12%

$557

CapEx

4%

$186

Vacancy

3%

$139

Maintenance

4%

$186

Other

11%

$510

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