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$7,700 (target)

2 Sussex Ct, Rancho Mirage, CA 92270

3 beds • 4 baths • 3229 sqft

$1,732,900

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This property looks like a bad Long-Term investment with a projected -20.8% first-year return on $364k initial cash invested.

-20.8%

Cash On Cash

1.83%

Cap Rate

0.31

DSCR

$7,700

Rent

-$6,307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,700 income − $14,007 expenses = $6,307 out of pocket

Income$7,700Out of Pocket$6,307Mortgage P&I$8,571111%Property Taxes$1,05514%Insurance$6398%HOA$1,74023%Management$77010%CapEx$3855%Vacancy$4626%Maintenance$3855%

Investment Breakdown

|

Purchase Price

$1733k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$364k

Downpayment

20%

$347k

Closing costs

1%

$17,329

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,700

Total Expenses

$14,007

Mortgage P&I

111%

$8,571

Property Taxes

14%

$1,055

Home Insurance

8%

$639

HOA

23%

$1,740

Property Management

10%

$770

CapEx

5%

$385

Vacancy

6%

$462

Maintenance

5%

$385

Other

0%

$0

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