REI Lense

REI Lense

Unlock all features! Tap here to upgrade

42 Lafayette Dr, Rancho Mirage, CA 92270

3 beds • 3 baths • 3104 sqft

Email

This property looks like a bad Airbnb investment with a projected -34.75% first-year return on $189k initial cash invested.

-34.75%

Cash On Cash

-1.94%

Cap Rate

-0.32

DSCR

$2,329

Rent

-$5,486

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,329 income − $7,815 expenses = $5,486 out of pocket

Income$2,329Out of Pocket$5,486Mortgage P&I$4,075175%Property Taxes$50021%Insurance$29713%HOA$1,82678%Management$34915%CapEx$934%Maintenance$934%Other$58225%

Investment Breakdown

|

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

$2,329

Total Expenses

$7,815

Mortgage P&I

175%

$4,075

Property Taxes

21%

$500

Home Insurance

13%

$297

HOA

78%

$1,826

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis