REI Lense

REI Lense

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$2,746 (target)

32205 Cathedral Canyon Dr, Cathedral City, CA 92234

3 beds • 2 baths • 1325 sqft

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This property looks like a bad Long-Term investment with a projected -11.07% first-year return on $93,240 initial cash invested.

-11.07%

Cash On Cash

3.99%

Cap Rate

0.67

DSCR

$2,746

Rent

-$860

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,746 income − $3,606 expenses = $860 out of pocket

Income$2,746Out of Pocket$860Mortgage P&I$2,19980%Property Taxes$53820%Insurance$1556%Management$27510%CapEx$1375%Vacancy$1656%Maintenance$1375%

Investment Breakdown

|

Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,240

Downpayment

20%

$88,800

Closing costs

1%

$4,440

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,746

Total Expenses

$3,606

Mortgage P&I

80%

$2,199

Property Taxes

20%

$538

Home Insurance

6%

$155

HOA

0%

$0

Property Management

10%

$275

CapEx

5%

$137

Vacancy

6%

$165

Maintenance

5%

$137

Other

0%

$0

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