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$3,110 (target)

29403 Canyon Valley Dr, Lake Elsinore, CA 92530

3 beds • 2 baths • 1753 sqft

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This property looks like a bad Long-Term investment with a projected -14.84% first-year return on $122k initial cash invested.

-14.84%

Cash On Cash

3.22%

Cap Rate

0.54

DSCR

$3,110

Rent

-$1,506

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,110 income − $4,616 expenses = $1,506 out of pocket

Income$3,110Out of Pocket$1,506Mortgage P&I$2,90793%Property Taxes$56618%Insurance$2037%HOA$1304%Management$31110%CapEx$1565%Vacancy$1876%Maintenance$1565%

Investment Breakdown

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Purchase Price

$580k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$116k

Closing costs

1%

$5,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,110

Total Expenses

$4,616

Mortgage P&I

93%

$2,907

Property Taxes

18%

$566

Home Insurance

7%

$203

HOA

4%

$130

Property Management

10%

$311

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

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