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$3,059 (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 Long-Term investment with a projected -18.6% first-year return on $132k initial cash invested.

-18.6%

Cash On Cash

2.38%

Cap Rate

0.4

DSCR

$3,059

Rent

-$2,039

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,059 income − $5,098 expenses = $2,039 out of pocket

Income$3,059Out of Pocket$2,039Mortgage P&I$3,130102%Property Taxes$79526%Insurance$2177%HOA$1605%Management$30610%CapEx$1535%Vacancy$1846%Maintenance$1535%

Investment Breakdown

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Purchase Price

$627k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$125k

Closing costs

1%

$6,265

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,059

Total Expenses

$5,098

Mortgage P&I

102%

$3,130

Property Taxes

26%

$795

Home Insurance

7%

$217

HOA

5%

$160

Property Management

10%

$306

CapEx

5%

$153

Vacancy

6%

$184

Maintenance

5%

$153

Other

0%

$0

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