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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 -17.71% first-year return on $140k initial cash invested.

-17.71%

Cash On Cash

2.1%

Cap Rate

0.35

DSCR

$3,770

Rent

-$2,062

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,770 income − $5,832 expenses = $2,062 out of pocket

Income$3,770Out of Pocket$2,062Mortgage P&I$2,92478%Property Taxes$76020%Insurance$2035%HOA$1354%Management$56615%CapEx$1514%Maintenance$1514%Other$94225%

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

$3,770

Total Expenses

$5,832

Mortgage P&I

78%

$2,924

Property Taxes

20%

$760

Home Insurance

5%

$203

HOA

4%

$135

Property Management

15%

$566

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$942

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