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29428 Golden Glove, Lake Elsinore, CA 92530

3 beds • 2 baths • 1739 sqft

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This property looks like a bad Airbnb investment with a projected -17.23% first-year return on $140k initial cash invested.

-17.23%

Cash On Cash

2.22%

Cap Rate

0.37

DSCR

$3,876

Rent

-$2,006

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,876 income − $5,882 expenses = $2,006 out of pocket

Income$3,876Out of Pocket$2,006Mortgage P&I$2,92475%Property Taxes$76020%Insurance$2035%HOA$1353%Management$58115%CapEx$1554%Maintenance$1554%Other$96925%

Investment Breakdown

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Purchase Price

$580k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,796

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,876

Total Expenses

$5,882

Mortgage P&I

75%

$2,924

Property Taxes

20%

$760

Home Insurance

5%

$203

HOA

3%

$135

Property Management

15%

$581

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$969

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