REI Lense

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$3,792 (target)

3691 E Avenida Fey Norte, Palm Springs, CA 92262

3 beds • 2 baths • 1363 sqft

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This property looks like a bad Long-Term investment with a projected -19.96% first-year return on $192k initial cash invested.

-19.96%

Cash On Cash

2.28%

Cap Rate

0.37

DSCR

$3,792

Rent

-$3,199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,792 income − $6,991 expenses = $3,199 out of pocket

Income$3,792Out of Pocket$3,199Mortgage P&I$4,747125%Property Taxes$92524%Insurance$3329%Management$37910%CapEx$1905%Vacancy$2286%Maintenance$1905%

Investment Breakdown

|

Purchase Price

$916k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$192k

Downpayment

20%

$183k

Closing costs

1%

$9,158

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,792

Total Expenses

$6,991

Mortgage P&I

125%

$4,747

Property Taxes

24%

$925

Home Insurance

9%

$332

HOA

0%

$0

Property Management

10%

$379

CapEx

5%

$190

Vacancy

6%

$228

Maintenance

5%

$190

Other

0%

$0

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