Sold: $420,000 | 45631 Portola, Palm Desert

 

Duplex.   2500 + square feet.
$2400 month GSI

2 bed. 2 ba., fireplace, private back patio and side yard, 2 car garage, washer and dryer hookup.

Directly Across from Award Winning Washington Charter School.

Address: 
45631 Portola
Palm Desert, Ca. 92260


Monthly

Annually

Projected/Actual

Gross Rents

$2,400

$28,800

Vacancy and Credit Loss

$120

$1,440

5% reflects market vacancy rate

Gross Operating Income

$2,280

$27,360

Advertising

$0

Cleaning

$0

Gardening

$100

$1,200

Actual

Sewer

$49

$588

Actual

Insurance

$175

$2,100

From Owner

Legal Fees

$0

Licenses and Permits

$0

Pest Control

$0

Repairs and Maint.

$100

$1,200

Projected

Pool Service

$0

Property Taxes

$436

$5,232

Property Management

$182

$2,189

at 8% of GOI

Utilities:

Trash

$23

$276

From Owner

Water

$38

$456

From Owner

Gas and Electric

$0

Total Operating Expenses

$1,103

$13,241

Net Operating Income

$1,177

$14,119


List Price: $439,000
Status: Sold
Sold Price: $420,000

Michael Woodward

Michael is the founder and CEO of jumbleThink.  He is also the CEO of Woodward Design Group.  He and his team have built over 400 website for small businesses to large customer portals for Fortune  100 corporations.  He has also consulted with hundreds of businesses through the Small Business Development Council in Butte County,  Ca (http://www.buttecollegesbdc.com) along with teaching courses on web design / development and marketing strategies.  His passion is to help individuals and businesses make their dreams attainable through creative thinking / idea formation and strategy.