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$8,102 (target)

78640 Castle Pines Dr, La Quinta, CA 92253

3 beds • 4 baths • 2461 sqft

$1,144,000

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This property looks like a bad Mid-Term investment with a projected -13.84% first-year return on $258k initial cash invested.

-13.84%

Cash On Cash

3.78%

Cap Rate

0.58

DSCR

$8,102

Rent

-$2,978

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,102 income − $11,080 expenses = $2,978 out of pocket

Income$8,102Out of Pocket$2,978Mortgage P&I$6,25577%Property Taxes$1,16514%Insurance$4185%HOA$4886%Management$97212%CapEx$3244%Vacancy$2433%Maintenance$3244%Other$89111%

Investment Breakdown

|

Purchase Price

$1144k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$258k

Downpayment

20%

$229k

Closing costs

1%

$11,440

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,102

Total Expenses

$11,080

Mortgage P&I

77%

$6,255

Property Taxes

14%

$1,165

Home Insurance

5%

$418

HOA

6%

$488

Property Management

12%

$972

CapEx

4%

$324

Vacancy

3%

$243

Maintenance

4%

$324

Other

11%

$891

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