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$4,588 (target)

34261 Canyon Rim Dr, Lake Elsinore, CA 92532

3 beds • 3 baths • 2108 sqft

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This property looks like a bad Mid-Term investment with a projected -10.24% first-year return on $150k initial cash invested.

-10.24%

Cash On Cash

3.9%

Cap Rate

0.65

DSCR

$4,588

Rent

-$1,276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,588 income − $5,864 expenses = $1,276 out of pocket

Income$4,588Out of Pocket$1,276Mortgage P&I$3,13068%Property Taxes$79517%Insurance$2175%HOA$1603%Management$55112%CapEx$1844%Vacancy$1383%Maintenance$1844%Other$50511%

Investment Breakdown

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Purchase Price

$627k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$125k

Closing costs

1%

$6,265

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,588

Total Expenses

$5,864

Mortgage P&I

68%

$3,130

Property Taxes

17%

$795

Home Insurance

5%

$217

HOA

3%

$160

Property Management

12%

$551

CapEx

4%

$184

Vacancy

3%

$138

Maintenance

4%

$184

Other

11%

$505

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