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$10,340 (target)

42 Lafayette Dr, Rancho Mirage, CA 92270

3 beds • 3 baths • 3104 sqft

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This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $189k initial cash invested.

0.8%

Cash On Cash

6.78%

Cap Rate

1.13

DSCR

$10,340

Rent

$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,340 income − $10,214 expenses = $126 cash flow

Income$10,340Mortgage P&I$4,07539%Property Taxes$5005%Insurance$2973%HOA$1,82618%Management$1,24112%CapEx$4144%Vacancy$3103%Maintenance$4144%Other$1,13711%Cash Flow$126

Investment Breakdown

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Purchase Price

$817k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$163k

Closing costs

1%

$8,165

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$10,340

Total Expenses

$10,214

Mortgage P&I

39%

$4,075

Property Taxes

5%

$500

Home Insurance

3%

$297

HOA

18%

$1,826

Property Management

12%

$1,241

CapEx

4%

$414

Vacancy

3%

$310

Maintenance

4%

$414

Other

11%

$1,137

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