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$9,333 (target)

60907 Fire Barrel Dr, La Quinta, CA 92253

3 beds • 4 baths • 2482 sqft

$1,137,300

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This property looks like a bad Mid-Term investment with a projected -7.58% first-year return on $257k initial cash invested.

-7.58%

Cash On Cash

4.78%

Cap Rate

0.78

DSCR

$9,333

Rent

-$1,622

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,333 income − $10,955 expenses = $1,622 out of pocket

Income$9,333Out of Pocket$1,622Mortgage P&I$5,78162%Property Taxes$96610%Insurance$4134%HOA$6227%Management$1,12012%CapEx$3734%Vacancy$2803%Maintenance$3734%Other$1,02711%

Investment Breakdown

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Purchase Price

$1137k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$257k

Downpayment

20%

$227k

Closing costs

1%

$11,373

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$9,333

Total Expenses

$10,955

Mortgage P&I

62%

$5,781

Property Taxes

10%

$966

Home Insurance

4%

$413

HOA

7%

$622

Property Management

12%

$1,120

CapEx

4%

$373

Vacancy

3%

$280

Maintenance

4%

$373

Other

11%

$1,027

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