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$9,693 (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 Mid-Term investment with a projected -18.07% first-year return on $371k initial cash invested.

-18.07%

Cash On Cash

2.41%

Cap Rate

0.39

DSCR

$9,693

Rent

-$5,587

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,693 income − $15,280 expenses = $5,587 out of pocket

Income$9,693Out of Pocket$5,587Mortgage P&I$8,58189%Property Taxes$96510%Insurance$6126%HOA$1,82619%Management$1,16312%CapEx$3884%Vacancy$2913%Maintenance$3884%Other$1,06611%

Investment Breakdown

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Purchase Price

$1682k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$371k

Downpayment

20%

$336k

Closing costs

1%

$16,815

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,693

Total Expenses

$15,280

Mortgage P&I

89%

$8,581

Property Taxes

10%

$965

Home Insurance

6%

$612

HOA

19%

$1,826

Property Management

12%

$1,163

CapEx

4%

$388

Vacancy

3%

$291

Maintenance

4%

$388

Other

11%

$1,066

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