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$7,044 (target)

60582 Silver Torch Cir, La Quinta, CA 92253

3 beds • 2 baths • 1819 sqft

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This property might be a fair Mid-Term investment with a projected 2.66% first-year return on $140k initial cash invested.

2.66%

Cash On Cash

7.34%

Cap Rate

1.2

DSCR

$7,044

Rent

$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,044 income − $6,733 expenses = $311 cash flow

Income$7,044Mortgage P&I$2,96242%Property Taxes$5458%Insurance$2093%HOA$6229%Management$84512%CapEx$2824%Vacancy$2113%Maintenance$2824%Other$77511%Cash Flow$311

Investment Breakdown

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Purchase Price

$581k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,814

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$7,044

Total Expenses

$6,733

Mortgage P&I

42%

$2,962

Property Taxes

8%

$545

Home Insurance

3%

$209

HOA

9%

$622

Property Management

12%

$845

CapEx

4%

$282

Vacancy

3%

$211

Maintenance

4%

$282

Other

11%

$775

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