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$4,401 (target)

1496 Pinyon Ln, Banning, CA 92220

3 beds • 2 baths • 1541 sqft

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This property looks like a bad Mid-Term investment with a projected -7.18% first-year return on $129k initial cash invested.

-7.18%

Cash On Cash

4.98%

Cap Rate

0.79

DSCR

$4,401

Rent

-$771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,401 income − $5,172 expenses = $771 out of pocket

Income$4,401Out of Pocket$771Mortgage P&I$2,78663%Property Taxes$50611%Insurance$1824%HOA$2025%Management$52812%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48411%

Investment Breakdown

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Purchase Price

$528k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,277

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,401

Total Expenses

$5,172

Mortgage P&I

63%

$2,786

Property Taxes

12%

$506

Home Insurance

4%

$182

HOA

5%

$202

Property Management

12%

$528

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$484

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