SOLD: $445,000 | 78923 Avenue 42, Bermuda Dunes
/3 bed, 3 bath, 1600 sq.ft. + units.
Fireplace, interior laundry, 2 car garage. Large private fully enclosed back yard.
Built in 2003
Address:
78923 Avenue 42
Bermuda Dunes, CA 92203
Monthly | Annually | Projected/Actual | |
|---|---|---|---|
Gross Rents |
$2,850 |
$34,200 |
|
Vacancy and Credit Loss |
$143 |
$1,710 |
5% reflects market vacancy rate |
Gross Operating Income |
$2,708 |
$32,490 |
|
Advertising |
$0 |
||
Cleaning |
$0 |
||
Gardening |
$125 |
$1,500 |
|
Sewer |
$55 |
$660 |
Actual |
Insurance |
$75 |
$900 |
Projected |
Legal Fees |
$0 |
||
Licenses and Permits |
$0 |
||
Pest Control |
$0 |
||
Repairs and Maint. |
$100 |
$1,200 |
Projected |
Pool Service |
$0 |
||
Property Taxes |
$460 |
$5,520 |
at $450,000 |
Property Management |
$217 |
$2,599 |
at 8% |
Utilities: |
|||
Trash |
$50 |
$600 |
|
Water |
$60 |
$720 |
|
Gas and Electric |
$0 |
||
Total Operating Expenses |
$1,142 |
$13,699 |
|
Net Operating Income |
$1,566 |
$18,791 |
|
List Price: $450,000
Cap Rate: 4.2%
Sold Price: $445,000
Status: Sold