REI Lense

REI Lense

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$7,017 (target)

490 E Molino Rd, Palm Springs, CA 92262

3 beds • 2 baths • 1672 sqft

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This property looks like a bad Mid-Term investment with a projected -0.38% first-year return on $181k initial cash invested.

-0.38%

Cash On Cash

6.28%

Cap Rate

1.06

DSCR

$7,017

Rent

-$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$775k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$181k

Downpayment

20%

$155k

Closing costs

1%

$7,750

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,017

Total Expenses

$7,074

Mortgage P&I

55%

$3,834

Property Taxes

8%

$582

Home Insurance

4%

$271

HOA

0%

$0

Property Management

12%

$842

CapEx

4%

$281

Vacancy

3%

$211

Maintenance

4%

$281

Other

11%

$772

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