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$4,704 (target)

29530 Major League, Lake Elsinore, CA 92530

3 beds • 2 baths • 1920 sqft

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This property looks like a bad Mid-Term investment with a projected -8.57% first-year return on $146k initial cash invested.

-8.57%

Cash On Cash

4.62%

Cap Rate

0.73

DSCR

$4,704

Rent

-$1,045

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,704 income − $5,749 expenses = $1,045 out of pocket

Income$4,704Out of Pocket$1,045Mortgage P&I$3,20768%Property Taxes$59513%Insurance$2145%HOA$1353%Management$56412%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51711%

Investment Breakdown

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Purchase Price

$611k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$122k

Closing costs

1%

$6,107

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,704

Total Expenses

$5,749

Mortgage P&I

68%

$3,207

Property Taxes

13%

$595

Home Insurance

5%

$214

HOA

3%

$135

Property Management

12%

$564

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$517

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