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$7,098 (target)

36930 Palm Ct, Rancho Mirage, CA 92270

3 beds • 3 baths • 2424 sqft

$1,107,300

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This property looks like a bad Mid-Term investment with a projected -12.2% first-year return on $251k initial cash invested.

-12.2%

Cash On Cash

3.59%

Cap Rate

0.59

DSCR

$7,098

Rent

-$2,548

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,098 income − $9,646 expenses = $2,548 out of pocket

Income$7,098Out of Pocket$2,548Mortgage P&I$5,57579%Property Taxes$1,12016%Insurance$4026%HOA$1352%Management$85212%CapEx$2844%Vacancy$2133%Maintenance$2844%Other$78111%

Investment Breakdown

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Purchase Price

$1107k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$251k

Downpayment

20%

$221k

Closing costs

1%

$11,073

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,098

Total Expenses

$9,646

Mortgage P&I

79%

$5,575

Property Taxes

16%

$1,120

Home Insurance

6%

$402

HOA

2%

$135

Property Management

12%

$852

CapEx

4%

$284

Vacancy

3%

$213

Maintenance

4%

$284

Other

11%

$781

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