SOLD: $1,075,000 | 12 units - 83405 Date Ave., Indio

 

12 - Three Bedroom One Bath units.

Address: 
83405 Date Ave.
Indio, CA 92201

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	Monthly	Annually	Projected/Actual
Rents	10,750	129,000
Vacancy and Credit Loss	968	11610	at 9%
Gross Operating Income	9783	117,390
Advertising
Cleaning
Gardening	300	3600	From Owner
Insurance	375	4500	From Owner
Licenses and Permits
Pest Control
Repairs and Maint.	635	7620	From Owner
Property Taxes	920	11040	projected at 1.1%
Property Management	783	9391	projected at 8%
Utilities:
Trash	258	3096	From Owner
Water and Sewer	525	6300	From Owner
Gas	42	504	From Owner
Electric	55	660	From Owner
Total Operating Expenses	3838	46051	39%
Net Operating Income	5945	71339

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List Price: $1,150,000
Cap Rate: 6%
Above is a model and no guarantees are implied by broker.
Sold Price: $1,075,000
Status: Sold