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$4,872 (target)

29238 Chinkapin, Lake Elsinore, CA 92530

3 beds • 3 baths • 1868 sqft

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This property looks like a bad Mid-Term investment with a projected -7.61% first-year return on $149k initial cash invested.

-7.61%

Cash On Cash

4.7%

Cap Rate

0.76

DSCR

$4,872

Rent

-$947

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,872 income − $5,819 expenses = $947 out of pocket

Income$4,872Out of Pocket$947Mortgage P&I$3,19966%Property Taxes$60913%Insurance$2194%HOA$1353%Management$58512%CapEx$1954%Vacancy$1463%Maintenance$1954%Other$53611%

Investment Breakdown

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Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,252

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,872

Total Expenses

$5,819

Mortgage P&I

66%

$3,199

Property Taxes

13%

$609

Home Insurance

5%

$219

HOA

3%

$135

Property Management

12%

$585

CapEx

4%

$195

Vacancy

3%

$146

Maintenance

4%

$195

Other

11%

$536

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