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5024 Meadow Way, Banning, CA 92220

3 beds • 2 baths • 1485 sqft

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This property might be a fair Mid-Term investment with a projected 0.97% first-year return on $111k initial cash invested.

0.97%

Cash On Cash

6.53%

Cap Rate

1.11

DSCR

$3,952

Rent

$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,980

Closing costs

1%

$4,449

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,952

Total Expenses

$3,862

Mortgage P&I

55%

$2,172

Property Taxes

5%

$182

Home Insurance

4%

$164

HOA

0%

$0

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$435

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