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32465 Somerset Dr, Lake Elsinore, CA 92530

3 beds • 3 baths • 1648 sqft

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This property looks like a bad Airbnb investment with a projected -9.31% first-year return on $127k initial cash invested.

-9.31%

Cash On Cash

4.02%

Cap Rate

0.68

DSCR

$3,833

Rent

-$983

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,833 income − $4,816 expenses = $983 out of pocket

Income$3,833Out of Pocket$983Mortgage P&I$2,56267%Property Taxes$2105%Insurance$2055%Management$57515%CapEx$1534%Maintenance$1534%Other$95825%

Investment Breakdown

|

Purchase Price

$518k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,176

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,833

Total Expenses

$4,816

Mortgage P&I

67%

$2,562

Property Taxes

5%

$210

Home Insurance

5%

$205

HOA

0%

$0

Property Management

15%

$575

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$958

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