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$2,755 (target)

29164 Ocotillo Dr, Lake Elsinore, CA 92530

3 beds • 2 baths • 1342 sqft

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This property looks like a bad Long-Term investment with a projected -16.35% first-year return on $115k initial cash invested.

-16.35%

Cash On Cash

2.9%

Cap Rate

0.48

DSCR

$2,755

Rent

-$1,566

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,755 income − $4,321 expenses = $1,566 out of pocket

Income$2,755Out of Pocket$1,566Mortgage P&I$2,752100%Property Taxes$53119%Insurance$1917%HOA$1305%Management$27610%CapEx$1385%Vacancy$1656%Maintenance$1385%

Investment Breakdown

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Purchase Price

$547k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$109k

Closing costs

1%

$5,473

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,755

Total Expenses

$4,321

Mortgage P&I

100%

$2,752

Property Taxes

19%

$531

Home Insurance

7%

$191

HOA

5%

$130

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$165

Maintenance

5%

$138

Other

0%

$0

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