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$7,182 (target)

360 W Pico Rd, Palm Springs, CA 92262

3 beds • 2 baths • 1530 sqft

$1,154,100

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This property looks like a bad Mid-Term investment with a projected -12.33% first-year return on $260k initial cash invested.

-12.33%

Cash On Cash

3.59%

Cap Rate

0.59

DSCR

$7,182

Rent

-$2,676

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,182 income − $9,858 expenses = $2,676 out of pocket

Income$7,182Out of Pocket$2,676Mortgage P&I$5,84181%Property Taxes$1,16016%Insurance$4166%Management$86212%CapEx$2874%Vacancy$2153%Maintenance$2874%Other$79011%

Investment Breakdown

|

Purchase Price

$1154k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$260k

Downpayment

20%

$231k

Closing costs

1%

$11,541

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,182

Total Expenses

$9,858

Mortgage P&I

81%

$5,841

Property Taxes

16%

$1,160

Home Insurance

6%

$416

HOA

0%

$0

Property Management

12%

$862

CapEx

4%

$287

Vacancy

3%

$215

Maintenance

4%

$287

Other

11%

$790

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