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$4,460 (target)

31634 Somerset Cir, Lake Elsinore, CA 92532

3 beds • 2 baths • 1553 sqft

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This property looks like a bad Mid-Term investment with a projected -5.63% first-year return on $129k initial cash invested.

-5.63%

Cash On Cash

5.43%

Cap Rate

0.85

DSCR

$4,460

Rent

-$605

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,460 income − $5,065 expenses = $605 out of pocket

Income$4,460Out of Pocket$605Mortgage P&I$2,82163%Property Taxes$53612%Insurance$1924%Management$53512%CapEx$1784%Vacancy$1343%Maintenance$1784%Other$49111%

Investment Breakdown

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Purchase Price

$529k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,286

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,460

Total Expenses

$5,065

Mortgage P&I

63%

$2,821

Property Taxes

12%

$536

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$535

CapEx

4%

$178

Vacancy

3%

$134

Maintenance

4%

$178

Other

11%

$491

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