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57575 Black Diamond, La Quinta, CA 92253

4 beds • 5 baths • 4817 sqft

$3,278,100

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This property looks like a bad Long-Term investment with a projected -17.58% first-year return on $688k initial cash invested.

-17.58%

Cash On Cash

2.55%

Cap Rate

0.42

DSCR

$13,270

Rent

-$10,086

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$3278k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$688k

Downpayment

20%

$656k

Closing costs

1%

$32,781

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$13,270

Total Expenses

$23,356

Mortgage P&I

123%

$16,380

Property Taxes

13%

$1,708

Home Insurance

9%

$1,223

HOA

4%

$594

Property Management

10%

$1,327

CapEx

5%

$664

Vacancy

6%

$796

Maintenance

5%

$664

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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4

2

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1.3 mi

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2

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0.6 mi

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2

1

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5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

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$2,850

5

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0.6 mi

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