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1295 S Cawston #42
Single Family Cash-flow positiveWithin your budget

1295 S Cawston #42

1295 S Cawston #42, Hemet, CA

1 beds 1 baths 700 sqft

You Own the Land in this beautiful 55+ resort style community that is gated. The HOA is low and covers the water, trash, and sewer. This home has upgraded flooring, with a beautifully upgraded kitchen. The A/C was replaced in 2023 and the electrical panel was updated as well. This home has ample amounts of storage including a shed in the back where the washer & dryer are located. The comminity offers many amenities for you to enjoy and social events.

List price

$119,900

Est. monthly rent

$1,650

DSCR1.41×

Lender minimum: 1.25×

Monthly cash flow

$257

Cash-on-cash return

8.59%

Down payment (25%)$29,975
Closing costs (5%)$5,995
Total cash needed$35,970
Loan amount (75%)$89,925
Monthly mortgage (7.50%, 30yr)$629
Annual property taxes$1,499
HOA dues (monthly)$292
Insurance, vacancy, mgmt.$4,164
Net operating income (yr)$10,634
Gross yield16.51%

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