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$6,462 (target)

18 Lafayette Dr, Rancho Mirage, CA 92270

3 beds • 3 baths • 3128 sqft

$1,681,500

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This property looks like a bad Long-Term investment with a projected -24.47% first-year return on $353k initial cash invested.

-24.47%

Cash On Cash

1.21%

Cap Rate

0.2

DSCR

$6,462

Rent

-$7,202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,462 income − $13,664 expenses = $7,202 out of pocket

Income$6,462Out of Pocket$7,202Mortgage P&I$8,581133%Property Taxes$96515%Insurance$6129%HOA$1,82628%Management$64610%CapEx$3235%Vacancy$3886%Maintenance$3235%

Investment Breakdown

|

Purchase Price

$1682k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$353k

Downpayment

20%

$336k

Closing costs

1%

$16,815

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,462

Total Expenses

$13,664

Mortgage P&I

133%

$8,581

Property Taxes

15%

$965

Home Insurance

9%

$612

HOA

28%

$1,826

Property Management

10%

$646

CapEx

5%

$323

Vacancy

6%

$388

Maintenance

5%

$323

Other

0%

$0

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