REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,893 (target)

42 Lafayette Dr, Rancho Mirage, CA 92270

3 beds • 3 baths • 3104 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.18% first-year return on $171k initial cash invested.

-11.18%

Cash On Cash

4.15%

Cap Rate

0.69

DSCR

$6,893

Rent

-$1,598

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,893 income − $8,491 expenses = $1,598 out of pocket

Income$6,893Out of Pocket$1,598Mortgage P&I$4,07559%Property Taxes$5007%Insurance$2974%HOA$1,82626%Management$68910%CapEx$3455%Vacancy$4146%Maintenance$3455%

Investment Breakdown

|

Purchase Price

$817k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$163k

Closing costs

1%

$8,165

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,893

Total Expenses

$8,491

Mortgage P&I

59%

$4,075

Property Taxes

7%

$500

Home Insurance

4%

$297

HOA

26%

$1,826

Property Management

10%

$689

CapEx

5%

$345

Vacancy

6%

$414

Maintenance

5%

$345

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis