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80199 Golden Horseshoe Dr, Indio, CA 92201

3 beds • 3 baths • 1898 sqft

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This property looks like a bad Long-Term investment with a projected -8.16% first-year return on $120k initial cash invested.

-8.16%

Cash On Cash

4.81%

Cap Rate

0.8

DSCR

$4,520

Rent

-$813

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$569k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$114k

Closing costs

1%

$5,694

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,520

Total Expenses

$5,333

Mortgage P&I

64%

$2,870

Property Taxes

15%

$686

Home Insurance

4%

$203

HOA

9%

$399

Property Management

10%

$452

CapEx

5%

$226

Vacancy

6%

$271

Maintenance

5%

$226

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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3

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3

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3

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0.2 mi

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2

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1.3 mi

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2

1

0.9 mi

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$2,850

5

4

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0.6 mi

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2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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