REI Lense

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$7,764 (target)

34 Duke Dr, Rancho Mirage, CA 92270

3 beds • 3 baths • 2908 sqft

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This property looks like a bad Mid-Term investment with a projected -12.39% first-year return on $201k initial cash invested.

-12.39%

Cash On Cash

3.58%

Cap Rate

0.6

DSCR

$7,764

Rent

-$2,070

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,764 income − $9,834 expenses = $2,070 out of pocket

Income$7,764Out of Pocket$2,070Mortgage P&I$4,35256%Property Taxes$7009%Insurance$3154%HOA$1,82624%Management$93212%CapEx$3114%Vacancy$2333%Maintenance$3114%Other$85411%

Investment Breakdown

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Purchase Price

$869k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$201k

Downpayment

20%

$174k

Closing costs

1%

$8,693

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,764

Total Expenses

$9,834

Mortgage P&I

56%

$4,352

Property Taxes

9%

$700

Home Insurance

4%

$315

HOA

24%

$1,826

Property Management

12%

$932

CapEx

4%

$311

Vacancy

3%

$233

Maintenance

4%

$311

Other

11%

$854

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