REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$9,734 (target)

39 Mirage Cove Dr, Rancho Mirage, CA 92270

3 beds • 3 baths • 2734 sqft

$1,495,000

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -14.94% first-year return on $332k initial cash invested.

-14.94%

Cash On Cash

3.32%

Cap Rate

0.52

DSCR

$9,734

Rent

-$4,134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,734 income − $13,868 expenses = $4,134 out of pocket

Income$9,734Out of Pocket$4,134Mortgage P&I$7,87881%Property Taxes$1,45815%Insurance$5235%HOA$7007%Management$1,16812%CapEx$3894%Vacancy$2923%Maintenance$3894%Other$1,07111%

Investment Breakdown

|

Purchase Price

$1495k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$332k

Downpayment

20%

$299k

Closing costs

1%

$14,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,734

Total Expenses

$13,868

Mortgage P&I

81%

$7,878

Property Taxes

15%

$1,458

Home Insurance

5%

$523

HOA

7%

$700

Property Management

12%

$1,168

CapEx

4%

$389

Vacancy

3%

$292

Maintenance

4%

$389

Other

11%

$1,071

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis