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$6,978 (target)

402 Cypress Point Dr, Palm Desert, CA 92211

3 beds • 3 baths • 2552 sqft

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This property looks like a bad Mid-Term investment with a projected -5.17% first-year return on $159k initial cash invested.

-5.17%

Cash On Cash

5.24%

Cap Rate

0.88

DSCR

$6,978

Rent

-$685

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,978 income − $7,663 expenses = $685 out of pocket

Income$6,978Out of Pocket$685Mortgage P&I$3,33648%Property Taxes$83412%Insurance$2423%HOA$87913%Management$83712%CapEx$2794%Vacancy$2093%Maintenance$2794%Other$76811%

Investment Breakdown

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Purchase Price

$671k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$134k

Closing costs

1%

$6,709

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,978

Total Expenses

$7,663

Mortgage P&I

48%

$3,336

Property Taxes

12%

$834

Home Insurance

3%

$242

HOA

13%

$879

Property Management

12%

$837

CapEx

4%

$279

Vacancy

3%

$209

Maintenance

4%

$279

Other

11%

$768

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