REI Lense

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$6,639 (target)

2889 N Davis Way, Palm Springs, CA 92262

3 beds • 2 baths • 1224 sqft

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This property looks like a bad Mid-Term investment with a projected -8.05% first-year return on $212k initial cash invested.

-8.05%

Cash On Cash

4.55%

Cap Rate

0.75

DSCR

$6,639

Rent

-$1,424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,639 income − $8,063 expenses = $1,424 out of pocket

Income$6,639Out of Pocket$1,424Mortgage P&I$4,66770%Property Taxes$80612%Insurance$3325%Management$79712%CapEx$2664%Vacancy$1993%Maintenance$2664%Other$73011%

Investment Breakdown

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Purchase Price

$925k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$212k

Downpayment

20%

$185k

Closing costs

1%

$9,254

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,639

Total Expenses

$8,063

Mortgage P&I

70%

$4,667

Property Taxes

12%

$806

Home Insurance

5%

$332

HOA

0%

$0

Property Management

12%

$797

CapEx

4%

$266

Vacancy

3%

$199

Maintenance

4%

$266

Other

11%

$730

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