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2898 N Sunrise Way, Palm Springs, CA 92262

3 beds • 3 baths • 3093 sqft

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This property might be a fair Mid-Term investment with a projected 6.63% first-year return on $223k initial cash invested.

6.63%

Cash On Cash

7.85%

Cap Rate

1.35

DSCR

$10,563

Rent

$1,234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$978k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$223k

Downpayment

20%

$196k

Closing costs

1%

$9,776

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$10,563

Total Expenses

$9,329

Mortgage P&I

45%

$4,737

Property Taxes

6%

$650

Home Insurance

3%

$349

HOA

0%

$0

Property Management

12%

$1,268

CapEx

4%

$423

Vacancy

3%

$317

Maintenance

4%

$423

Other

11%

$1,162

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