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44 Lafayette Dr, Rancho Mirage, CA 92270

3 beds • 3 baths • 2940 sqft

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This property might be a fair Mid-Term investment with a projected 4.67% first-year return on $195k initial cash invested.

4.67%

Cash On Cash

7.61%

Cap Rate

1.29

DSCR

$11,493

Rent

$759

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$844k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$195k

Downpayment

20%

$169k

Closing costs

1%

$8,440

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$11,493

Total Expenses

$10,734

Mortgage P&I

36%

$4,133

Property Taxes

5%

$558

Home Insurance

3%

$306

HOA

16%

$1,829

Property Management

12%

$1,379

CapEx

4%

$460

Vacancy

3%

$345

Maintenance

4%

$460

Other

11%

$1,264

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