REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$7,608 (target)

51933 Marquis Ln, La Quinta, CA 92253

3 beds • 3 baths • 3022 sqft

$1,149,000

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -9.53% first-year return on $241k initial cash invested.

-9.53%

Cash On Cash

4.36%

Cap Rate

0.73

DSCR

$7,608

Rent

-$1,916

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,608 income − $9,524 expenses = $1,916 out of pocket

Income$7,608Out of Pocket$1,916Mortgage P&I$5,71475%Property Taxes$1,24716%Insurance$4025%HOA$1842%Management$76110%CapEx$3805%Vacancy$4566%Maintenance$3805%

Investment Breakdown

|

Purchase Price

$1149k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$241k

Downpayment

20%

$230k

Closing costs

1%

$11,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,608

Total Expenses

$9,524

Mortgage P&I

75%

$5,714

Property Taxes

16%

$1,247

Home Insurance

5%

$402

HOA

2%

$184

Property Management

10%

$761

CapEx

5%

$380

Vacancy

6%

$456

Maintenance

5%

$380

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis