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$5,016 (target)

31 Chardonnay, Rancho Mirage, CA 92270

3 beds • 2 baths • 2329 sqft

$1,215,500

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This property looks like a bad Long-Term investment with a projected -21.74% first-year return on $255k initial cash invested.

-21.74%

Cash On Cash

1.75%

Cap Rate

0.29

DSCR

$5,016

Rent

-$4,625

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,016 income − $9,641 expenses = $4,625 out of pocket

Income$5,016Out of Pocket$4,625Mortgage P&I$6,151123%Property Taxes$1,21824%Insurance$4379%HOA$53011%Management$50210%CapEx$2515%Vacancy$3016%Maintenance$2515%

Investment Breakdown

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Purchase Price

$1216k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$255k

Downpayment

20%

$243k

Closing costs

1%

$12,155

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,016

Total Expenses

$9,641

Mortgage P&I

123%

$6,151

Property Taxes

24%

$1,218

Home Insurance

9%

$437

HOA

11%

$530

Property Management

10%

$502

CapEx

5%

$251

Vacancy

6%

$301

Maintenance

5%

$251

Other

0%

$0

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