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$6,489 (target)

39 Mirage Cove Dr, Rancho Mirage, CA 92270

3 beds • 3 baths • 2734 sqft

$1,495,000

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This property looks like a bad Long-Term investment with a projected -22% first-year return on $314k initial cash invested.

-22%

Cash On Cash

1.96%

Cap Rate

0.31

DSCR

$6,489

Rent

-$5,756

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,489 income − $12,245 expenses = $5,756 out of pocket

Income$6,489Out of Pocket$5,756Mortgage P&I$7,878121%Property Taxes$1,45822%Insurance$5238%HOA$70011%Management$64910%CapEx$3245%Vacancy$3896%Maintenance$3245%

Investment Breakdown

|

Purchase Price

$1495k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$314k

Downpayment

20%

$299k

Closing costs

1%

$14,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,489

Total Expenses

$12,245

Mortgage P&I

121%

$7,878

Property Taxes

22%

$1,458

Home Insurance

8%

$523

HOA

11%

$700

Property Management

10%

$649

CapEx

5%

$324

Vacancy

6%

$389

Maintenance

5%

$324

Other

0%

$0

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