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38666 Paradise Way, Cathedral City, CA 92234

3 beds • 3 baths • 1661 sqft

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This property looks like a bad Long-Term investment with a projected -8.21% first-year return on $122k initial cash invested.

-8.21%

Cash On Cash

4.71%

Cap Rate

0.78

DSCR

$3,570

Rent

-$835

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$581k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$116k

Closing costs

1%

$5,814

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,570

Total Expenses

$4,405

Mortgage P&I

82%

$2,937

Property Taxes

8%

$275

Home Insurance

7%

$266

HOA

0%

$0

Property Management

10%

$357

CapEx

5%

$178

Vacancy

6%

$214

Maintenance

5%

$178

Other

0%

$0

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$2,850

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