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$4,132 (target)

29164 Ocotillo Dr, Lake Elsinore, CA 92530

3 beds • 2 baths • 1342 sqft

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This property looks like a bad Mid-Term investment with a projected -7.92% first-year return on $133k initial cash invested.

-7.92%

Cash On Cash

4.47%

Cap Rate

0.74

DSCR

$4,132

Rent

-$877

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,132 income − $5,009 expenses = $877 out of pocket

Income$4,132Out of Pocket$877Mortgage P&I$2,75267%Property Taxes$53113%Insurance$1915%HOA$1303%Management$49612%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45511%

Investment Breakdown

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Purchase Price

$547k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$109k

Closing costs

1%

$5,473

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,132

Total Expenses

$5,009

Mortgage P&I

67%

$2,752

Property Taxes

13%

$531

Home Insurance

5%

$191

HOA

3%

$130

Property Management

12%

$496

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$455

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