REI Lense

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$5,118 (target)

78559 Platinum Dr, Palm Desert, CA 92211

3 beds • 3 baths • 1888 sqft

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This property looks like a bad Mid-Term investment with a projected -4.47% first-year return on $132k initial cash invested.

-4.47%

Cash On Cash

5.46%

Cap Rate

0.9

DSCR

$5,118

Rent

-$490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,118 income − $5,608 expenses = $490 out of pocket

Income$5,118Out of Pocket$490Mortgage P&I$2,74654%Property Taxes$4659%Insurance$1894%HOA$4679%Management$61412%CapEx$2054%Vacancy$1543%Maintenance$2054%Other$56311%

Investment Breakdown

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Purchase Price

$541k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$108k

Closing costs

1%

$5,412

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,118

Total Expenses

$5,608

Mortgage P&I

54%

$2,746

Property Taxes

9%

$465

Home Insurance

4%

$189

HOA

9%

$467

Property Management

12%

$614

CapEx

4%

$205

Vacancy

3%

$154

Maintenance

4%

$205

Other

11%

$563

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