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$2,048 (target)

8623 Gobi Rd, Phelan, CA 92371

3 beds • 2 baths • 1330 sqft

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This property looks like a bad Long-Term investment with a projected -13.49% first-year return on $86,016 initial cash invested.

-13.49%

Cash On Cash

3.44%

Cap Rate

0.58

DSCR

$2,048

Rent

-$967

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,048 income − $3,015 expenses = $967 out of pocket

Income$2,048Out of Pocket$967Mortgage P&I$2,040100%Property Taxes$30815%Insurance$1357%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,016

Downpayment

20%

$81,920

Closing costs

1%

$4,096

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,048

Total Expenses

$3,015

Mortgage P&I

100%

$2,040

Property Taxes

15%

$308

Home Insurance

7%

$135

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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