REI Lense

REI Lense

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$3,663 (target)

515 N Burton Way, Palm Springs, CA 92262

3 beds • 2 baths • 1270 sqft

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This property looks like a bad Long-Term investment with a projected -22.49% first-year return on $209k initial cash invested.

-22.49%

Cash On Cash

1.57%

Cap Rate

0.26

DSCR

$3,663

Rent

-$3,921

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,663 income − $7,584 expenses = $3,921 out of pocket

Income$3,663Out of Pocket$3,921Mortgage P&I$5,042138%Property Taxes$1,17032%Insurance$42011%Management$36610%CapEx$1835%Vacancy$2206%Maintenance$1835%

Investment Breakdown

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Purchase Price

$996k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$209k

Downpayment

20%

$199k

Closing costs

1%

$9,963

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,663

Total Expenses

$7,584

Mortgage P&I

138%

$5,042

Property Taxes

32%

$1,170

Home Insurance

11%

$420

HOA

0%

$0

Property Management

10%

$366

CapEx

5%

$183

Vacancy

6%

$220

Maintenance

5%

$183

Other

0%

$0

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