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$5,645 (target)

50 Oakmont Dr, Rancho Mirage, CA 92270

3 beds • 4 baths • 3524 sqft

$1,120,400

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This property looks like a bad Long-Term investment with a projected -20.21% first-year return on $235k initial cash invested.

-20.21%

Cash On Cash

2.71%

Cap Rate

0.41

DSCR

$5,645

Rent

-$3,963

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,645 income − $9,608 expenses = $3,963 out of pocket

Income$5,645Out of Pocket$3,963Mortgage P&I$6,208110%Property Taxes$1,16521%Insurance$4187%HOA$3506%Management$56410%CapEx$2825%Vacancy$3396%Maintenance$2825%

Investment Breakdown

|

Purchase Price

$1120k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$235k

Downpayment

20%

$224k

Closing costs

1%

$11,204

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,645

Total Expenses

$9,608

Mortgage P&I

110%

$6,208

Property Taxes

21%

$1,165

Home Insurance

7%

$418

HOA

6%

$350

Property Management

10%

$564

CapEx

5%

$282

Vacancy

6%

$339

Maintenance

5%

$282

Other

0%

$0

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