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29403 Canyon Valley Dr, Lake Elsinore, CA 92530

3 beds • 2 baths • 1753 sqft

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This property looks like a bad Airbnb investment with a projected -15.47% first-year return on $140k initial cash invested.

-15.47%

Cash On Cash

2.6%

Cap Rate

0.43

DSCR

$3,854

Rent

-$1,802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,854 income − $5,656 expenses = $1,802 out of pocket

Income$3,854Out of Pocket$1,802Mortgage P&I$2,90775%Property Taxes$56615%Insurance$2035%HOA$1303%Management$57815%CapEx$1544%Maintenance$1544%Other$96425%

Investment Breakdown

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Purchase Price

$580k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,800

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,854

Total Expenses

$5,656

Mortgage P&I

75%

$2,907

Property Taxes

15%

$566

Home Insurance

5%

$203

HOA

3%

$130

Property Management

15%

$578

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$964

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