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40231 Club View Dr, Rancho Mirage, CA 92270

4 beds • 4 baths • 4821 sqft

$4,004,300

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This property looks like a bad Long-Term investment with a projected -20.92% first-year return on $841k initial cash invested.

-20.92%

Cash On Cash

1.7%

Cap Rate

0.29

DSCR

$11,770

Rent

-$14,663

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$4004k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$841k

Downpayment

20%

$801k

Closing costs

1%

$40,043

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$11,770

Total Expenses

$26,433

Mortgage P&I

168%

$19,764

Property Taxes

13%

$1,482

Home Insurance

13%

$1,505

HOA

5%

$623

Property Management

10%

$1,177

CapEx

5%

$588

Vacancy

6%

$706

Maintenance

5%

$588

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

40294 Rancho Palmeras, Rancho Mirage, CA 92270

$12,000

4

4.5

4335

1.2 mi

28 Clancy Lane Ests S, Rancho Mirage, CA 92270

$18,000

4

4.5

4479

1.7 mi

8 Mcgill Dr, Rancho Mirage, CA 92270

$8,500

4

4

3318

0.3 mi

70639 Placerville Rd, Rancho Mirage, CA 92270

$15,000

4

3.5

3407

0.5 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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