REI Lense

REI Lense

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$8,144 (target)

43555 Morning Star Ct, La Quinta, CA 92253

3 beds • 3 baths • 2376 sqft

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This property might be a fair Mid-Term investment with a projected 5.26% first-year return on $170k initial cash invested.

5.26%

Cash On Cash

7.82%

Cap Rate

1.29

DSCR

$8,144

Rent

$743

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$722k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$144k

Closing costs

1%

$7,220

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,144

Total Expenses

$7,401

Mortgage P&I

45%

$3,637

Property Taxes

7%

$574

Home Insurance

3%

$261

HOA

2%

$160

Property Management

12%

$977

CapEx

4%

$326

Vacancy

3%

$244

Maintenance

4%

$326

Other

11%

$896

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