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28481 Vela Dr, Menifee, CA 92586

4 beds • 3 baths • 2175 sqft

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This property looks like a bad Long-Term investment with a projected -15.89% first-year return on $143k initial cash invested.

-15.89%

Cash On Cash

2.79%

Cap Rate

0.48

DSCR

$3,380

Rent

-$1,894

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$681k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$136k

Closing costs

1%

$6,812

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,380

Total Expenses

$5,274

Mortgage P&I

98%

$3,309

Property Taxes

25%

$841

Home Insurance

7%

$245

HOA

0%

$0

Property Management

10%

$338

CapEx

5%

$169

Vacancy

6%

$203

Maintenance

5%

$169

Other

0%

$0

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