REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

666 E Mel Ave, Palm Springs, CA 92262

3 beds • 3 baths • 3583 sqft

$2,281,700

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -19.3% first-year return on $497k initial cash invested.

-19.3%

Cash On Cash

1.94%

Cap Rate

0.33

DSCR

$9,380

Rent

-$7,998

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2282k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$497k

Downpayment

20%

$456k

Closing costs

1%

$22,817

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,380

Total Expenses

$17,378

Mortgage P&I

121%

$11,318

Property Taxes

22%

$2,031

Home Insurance

9%

$840

HOA

0%

$0

Property Management

12%

$1,126

CapEx

4%

$375

Vacancy

3%

$281

Maintenance

4%

$375

Other

11%

$1,032

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis