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37675 Thompson Rd, Rancho Mirage, CA 92270

3 beds • 4 baths • 5302 sqft

$2,370,200

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This property looks like a bad Long-Term investment with a projected -23.2% first-year return on $498k initial cash invested.

-23.2%

Cash On Cash

1.25%

Cap Rate

0.21

DSCR

$6,844

Rent

-$9,623

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$2370k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$498k

Downpayment

20%

$474k

Closing costs

1%

$23,702

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,844

Total Expenses

$16,467

Mortgage P&I

172%

$11,752

Property Taxes

20%

$1,396

Home Insurance

23%

$1,540

HOA

0%

$0

Property Management

10%

$684

CapEx

5%

$342

Vacancy

6%

$411

Maintenance

5%

$342

Other

0%

$0

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