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980 Oakland Hills Dr, Banning, CA 92220

3 beds • 2 baths • 1195 sqft

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This property might be a fair Mid-Term investment with a projected 1.04% first-year return on $80,767 initial cash invested.

1.04%

Cash On Cash

6.63%

Cap Rate

1.15

DSCR

$3,510

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,767

Downpayment

20%

$59,778

Closing costs

1%

$2,989

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,510

Total Expenses

$3,440

Mortgage P&I

41%

$1,442

Property Taxes

8%

$291

Home Insurance

3%

$105

HOA

12%

$410

Property Management

12%

$421

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$386

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