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$4,788 (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 Long-Term investment with a projected -19.18% first-year return on $242k initial cash invested.

-19.18%

Cash On Cash

2.29%

Cap Rate

0.38

DSCR

$4,788

Rent

-$3,873

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,788 income − $8,661 expenses = $3,873 out of pocket

Income$4,788Out of Pocket$3,873Mortgage P&I$5,841122%Property Taxes$1,16024%Insurance$4169%Management$47910%CapEx$2395%Vacancy$2876%Maintenance$2395%

Investment Breakdown

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Purchase Price

$1154k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$231k

Closing costs

1%

$11,541

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,788

Total Expenses

$8,661

Mortgage P&I

122%

$5,841

Property Taxes

24%

$1,160

Home Insurance

9%

$416

HOA

0%

$0

Property Management

10%

$479

CapEx

5%

$239

Vacancy

6%

$287

Maintenance

5%

$239

Other

0%

$0

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