REI Lense

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$5,218 (target)

67353 Rio Naches Rd, Cathedral City, CA 92234

3 beds • 3 baths • 1924 sqft

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This property might be a fair Mid-Term investment with a projected 0.71% first-year return on $121k initial cash invested.

0.71%

Cash On Cash

6.75%

Cap Rate

1.11

DSCR

$5,218

Rent

$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,218 income − $5,146 expenses = $72 cash flow

Income$5,218Mortgage P&I$2,48148%Property Taxes$4949%Insurance$1864%HOA$2104%Management$62612%CapEx$2094%Vacancy$1573%Maintenance$2094%Other$57411%Cash Flow$72

Investment Breakdown

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Purchase Price

$491k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,200

Closing costs

1%

$4,910

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,218

Total Expenses

$5,146

Mortgage P&I

48%

$2,481

Property Taxes

9%

$494

Home Insurance

4%

$186

HOA

4%

$210

Property Management

12%

$626

CapEx

4%

$209

Vacancy

3%

$157

Maintenance

4%

$209

Other

11%

$574

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