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29657 Desert Terrace Dr, Menifee, CA 92584

4 beds • 3 baths • 1963 sqft

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This property looks like a bad Long-Term investment with a projected -12.16% first-year return on $123k initial cash invested.

-12.16%

Cash On Cash

3.69%

Cap Rate

0.62

DSCR

$3,080

Rent

-$1,246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$586k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$117k

Closing costs

1%

$5,856

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,080

Total Expenses

$4,326

Mortgage P&I

94%

$2,894

Property Taxes

14%

$417

Home Insurance

7%

$206

HOA

0%

$8

Property Management

10%

$308

CapEx

5%

$154

Vacancy

6%

$185

Maintenance

5%

$154

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

29784 Camino Cristal, Menifee, CA 92584

$2,950

4

3

2015

0.2 mi

29521 Camino Pepita, Menifee, CA 92584

$2,995

4

3

2034

0.1 mi

29413 Falcon Hill Dr, Menifee, CA 92584

$2,900

4

2.5

1953

0.3 mi

27293 Fielder Rd, Menifee, CA 92584

$3,195

4

3

1963

2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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