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$3,664 (target)

24218 Canyon Lake Dr N, Canyon Lake, CA 92587

3 beds • 3 baths • 1665 sqft

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This property looks like a bad Long-Term investment with a projected -14.01% first-year return on $130k initial cash invested.

-14.01%

Cash On Cash

3.64%

Cap Rate

0.58

DSCR

$3,664

Rent

-$1,515

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,664 income − $5,179 expenses = $1,515 out of pocket

Income$3,664Out of Pocket$1,515Mortgage P&I$3,20788%Property Taxes$44512%Insurance$2206%HOA$35510%Management$36610%CapEx$1835%Vacancy$2206%Maintenance$1835%

Investment Breakdown

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Purchase Price

$618k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$124k

Closing costs

1%

$6,181

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,664

Total Expenses

$5,179

Mortgage P&I

88%

$3,207

Property Taxes

12%

$445

Home Insurance

6%

$220

HOA

10%

$355

Property Management

10%

$366

CapEx

5%

$183

Vacancy

6%

$220

Maintenance

5%

$183

Other

0%

$0

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