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$3,788 (target)

40490 Melrose Ave, Hemet, CA 92544

3 beds • 2 baths • 1620 sqft

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This property looks like a bad Mid-Term investment with a projected -1.04% first-year return on $106k initial cash invested.

-1.04%

Cash On Cash

5.99%

Cap Rate

1.03

DSCR

$3,788

Rent

-$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,788 income − $3,880 expenses = $92 out of pocket

Income$3,788Out of Pocket$92Mortgage P&I$2,02453%Property Taxes$41611%Insurance$1504%Management$45512%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41711%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,480

Closing costs

1%

$4,174

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,788

Total Expenses

$3,880

Mortgage P&I

53%

$2,024

Property Taxes

11%

$416

Home Insurance

4%

$150

HOA

0%

$0

Property Management

12%

$455

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$417

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