Sold: $2,350,000 | 73592 Catalina Way, Palm Desert
/Address:
73592 Catalina Way
Palm Desert, CA
Monthly | Annually | Projected/Actual | |
|---|---|---|---|
Gross Rents |
$210,000 |
||
Vacancy and Credit Loss |
$10,500 |
5% reflects market vacancy rate |
|
Gross Operating Income |
$199,500 |
||
Advertising |
$0 |
||
Cleaning |
$0 |
||
Gardening |
$500 |
||
Sewer |
Actual |
||
Insurance |
$1,800 |
Projected |
|
Legal Fees |
$0 |
||
Licenses and Permits |
$0 |
||
Pest Control |
$1,200 |
||
Repairs and Maint. |
$6,000 |
Projected |
|
Pool Service |
$0 |
||
Property Taxes |
$38,135 |
||
Property Management |
$7,980 |
||
Utilities: |
|||
Trash |
$2,200 |
||
Water |
$2,400 |
||
Gas and Electric |
$2,520 |
||
Total Operating Expenses |
$62,735 |
||
Net Operating Income |
$136,765 |
||
Sold Price: $2,350,000
Status: Sold
Close of Escrow: 2/3/15