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$4,598 (target)

29450 Wooden Boat Dr, Menifee, CA 92585

3 beds • 2 baths • 1857 sqft

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This property looks like a bad Mid-Term investment with a projected -8.15% first-year return on $146k initial cash invested.

-8.15%

Cash On Cash

4.63%

Cap Rate

0.74

DSCR

$4,598

Rent

-$994

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,598 income − $5,592 expenses = $994 out of pocket

Income$4,598Out of Pocket$994Mortgage P&I$3,17069%Property Taxes$57513%Insurance$2064%HOA$772%Management$55212%CapEx$1844%Vacancy$1383%Maintenance$1844%Other$50611%

Investment Breakdown

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Purchase Price

$612k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$122k

Closing costs

1%

$6,115

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,598

Total Expenses

$5,592

Mortgage P&I

69%

$3,170

Property Taxes

13%

$575

Home Insurance

4%

$206

HOA

2%

$77

Property Management

12%

$552

CapEx

4%

$184

Vacancy

3%

$138

Maintenance

4%

$184

Other

11%

$506

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