Lake Elsinore, CA — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
3.7%
Below average
Monthly Cash Flow
-$1,260
After all expenses
Price-to-Rent
15.2
Overpriced for rent
DSCR
0.58
Fails
📊 Key Metrics
- Median Home Price
- $565,462
- Average Rent (3BR)
- $3,110/mo
- Price-to-Rent Ratio
- 15.2(high)
- 1% Rule
- 0.55%(fails — need 1%+)
- Cash-on-Cash Return
- -11.6%
- Vacancy Rate
- 8.0%
📈 Market Strength
- Unemployment Rate
- 5.3%(+1% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- -1.2% YoY
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →Property Tax Rate
0.71%
of assessed value (CA avg)
Median Income
$84,097
household (CA avg)
Rent-to-Income
44.4%
Stretched
Section 8 Max Rent
$3,110/mo
3BR voucher payment
🏛️ CA Investor Climate
Landlord Friendly
3/10
State Income Tax
Has state tax
Property Tax
0.71% effective
Population Trend
-1.2% (3yr)