REI Lense

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$6,494 (target)

82685 Burnette Dr, Indio, CA 92201

3 beds • 3 baths • 1995 sqft

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This property might be a fair Mid-Term investment with a projected 4.88% first-year return on $132k initial cash invested.

4.88%

Cash On Cash

7.75%

Cap Rate

1.29

DSCR

$6,494

Rent

$535

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,494 income − $5,959 expenses = $535 cash flow

Income$6,494Mortgage P&I$2,69642%Property Taxes$5238%Insurance$1923%HOA$3405%Management$77912%CapEx$2604%Vacancy$1953%Maintenance$2604%Other$71411%Cash Flow$535

Investment Breakdown

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Purchase Price

$541k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$108k

Closing costs

1%

$5,406

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,494

Total Expenses

$5,959

Mortgage P&I

42%

$2,696

Property Taxes

8%

$523

Home Insurance

3%

$192

HOA

5%

$340

Property Management

12%

$779

CapEx

4%

$260

Vacancy

3%

$195

Maintenance

4%

$260

Other

11%

$714

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