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6 Tortosa Dr, Rancho Mirage, CA 92270

2 beds • 2 baths • 1741 sqft

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This property looks like a bad Long-Term investment with a projected -14.42% first-year return on $97,083 initial cash invested.

-14.42%

Cash On Cash

3.24%

Cap Rate

0.56

DSCR

$3,440

Rent

-$1,167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$462k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,083

Downpayment

20%

$92,460

Closing costs

1%

$4,623

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,440

Total Expenses

$4,607

Mortgage P&I

65%

$2,242

Property Taxes

16%

$550

Home Insurance

5%

$166

HOA

22%

$755

Property Management

10%

$344

CapEx

5%

$172

Vacancy

6%

$206

Maintenance

5%

$172

Other

0%

$0

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