REI Lense

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$4,509 (target)

50880 Monterey Canyon Dr, Indio, CA 92201

3 beds • 2 baths • 1847 sqft

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This property looks like a bad Long-Term investment with a projected -12.41% first-year return on $151k initial cash invested.

-12.41%

Cash On Cash

3.79%

Cap Rate

0.63

DSCR

$4,509

Rent

-$1,565

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,509 income − $6,074 expenses = $1,565 out of pocket

Income$4,509Out of Pocket$1,565Mortgage P&I$3,61780%Property Taxes$74617%Insurance$2596%HOA$2806%Management$45110%CapEx$2255%Vacancy$2716%Maintenance$2255%

Investment Breakdown

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Purchase Price

$721k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$144k

Closing costs

1%

$7,205

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,509

Total Expenses

$6,074

Mortgage P&I

80%

$3,617

Property Taxes

17%

$746

Home Insurance

6%

$259

HOA

6%

$280

Property Management

10%

$451

CapEx

5%

$225

Vacancy

6%

$271

Maintenance

5%

$225

Other

0%

$0

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