Generic placeholder image

Lenders

Offer Price

$

Proposed Settlement Date

Financing Terms

Include Furniture

Include Future Bookings

By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

Please fill in all requiered fields

Brand NEW Coachella Golf Resort Vacation Home!!

+ 5

Zone

Login to see address

Indio, CA 92201

Favorite
$365,000
3
2
2,500
sq. ft.
$146
per sq ft
Heated sq ft: 1,999 sq ft
Avg Nightly Rate: $200
Home Legally Sleeps: 8
Occupancy Rate: 40 weeks
Annual Gross Income : 32000
Annual Net Operating Income : 10400
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: Will Consider
Niche: Desert, Golf, Pet Friendly
New Construction: Yes
Days on Vrolio: 1884

Property Description

If you're looking for a modern oasis, far away from the stresses of life this resort home was made for you. This mid-century modern desert oasis allows you to enjoy the comforts of home while you're with family, friends, or away on business. Whether you're staying for business or pleasure, we hope that you leave feeling both refreshed and restored. Located conveniently across from the Empire Polo Fields, walking distance to Coachella & Stagecoach music festivals. The space Come and enjoy this great newly decorated golf course resort home at the private gated Indian Palms Country Club Resort, which has an on-site restaurant, 27 hole golf course, tennis courts, access to 3 pools, fitness center and is a great place to walk or take a run and enjoy the sun. Our home is 20 minutes from Palm Springs, close to shopping, movie theater, Polo Fields and walking distance to Coachella and Stagecoach Festivals. Large 2000 sqft, 3 bedroom, 2.5 bath home & two car garage offers great views of the beautiful mountains which you can enjoy from your own little slice of relaxation, the home is beautifully decorated in a comfortable style. High Speed WIFI internet, and Time Warner cable TV. A huge granite kitchen, with all the amenities, open to the great room which has a large 60" Samsung LED screen television w/adjustable tilt and turn wall mount to see from any angle of the main open area of the home with Time Warner cable TV with HBO package and high speed WIFI internet for any personal or business needs! If you and your friends are golfers or just want a nice relaxing weekend getaway, this will be a perfect home for you. Short distance to the pro-shop means you can play where you stay, and get additional rounds in during your vacation. If you and your friends are tennis players, there are 5 tennis courts for your ultimate enjoyment. If you do not wish to cook, there is a full service restaurant in the Clubhouse for all of your dining pleasures. Warm and inviting, fully furnished for a comfortable stay. New appliances in the kitchen, stainless steel french door Samsung refrigerator to keep all your refreshing beverages nice and cool for any day, convenient Keurig Coffee maker to get the day going, chef set of pots/pans, high end utensils and cooking ware for anytime you feel like whipping up a nice meal and plenty other amenities. 3 bedrooms available: Master has open concept walk through private bath shower, large countertops with double sinks, HUGE walk in closet and access to patio and backyard. The second bedroom has a private full bathroom, nice comfortable sheepskin rug and lots of room to move around in with an area with a incredibly comfortable queen size 13" memory foam mattress to sink into for rest or reading a book. The third bedroom serves as a bright cheerful and clean kids room with a double bed, dresser, nightstand with a built in power strip outlet in the drawer for plenty of electronic device charging simultaneously that makes it nice and convenient. *High end Samsung Platinum series HE washer and dryer included. Plenty of room for guests to enjoy their stay. Air conditioning, beautiful tile flooring and hard wood in main areas with brand new carpet in bedrooms. Smart Nest thermostat to control ambient air temperature inside the home at a comfortable level through the efficient AC/heating control system. This spacious, bright, warm and comfortable home makes this truly a place to relax. Quite neighborhoods, friendly people, beautiful weather, great for morning walks or bike rides. People are always smiling and enjoying life. For anything else, there are 3 casinos to choose from. A short driving distance to Fantasy Springs Casino, Spotlight 29 Casino, and Augustine Casino. This is a perfect location for all of your occasions! Guest access Guarded and gated community, access to three pools, twenty seven hole golf course, on site restaurant, tennis courts, fitness center, high speed wireless internet, and Time Warner cable TV with HBO package. Other things to note Property Features 3 bedrooms / 2.5 bathrooms Large 60 inch Samsung LED TV in Great Room 2 Car Garage Private Covered Patio Area Cozy Patio Furniture & Outdoor Ceiling Fan Private Pool Access (3 pool areas to choose from) Private Spa Fitness Center Gated Community New Carpet Large Walk in Closet (Master) Walking distance to major events Open Kitchen floor plan with granite countertops Kitchen Barstools for entertaining Nicely updated Incredible Mountain Views Fully equipped kitchen Single level unit Quiet Cul de sac location Large Custom Indoor Dining Table for 8 Outdoor Covered Patio Seats 5 Air Mattress for extra guests Entertainment games provided Close to major shopping areas No Smoking inside the house Includes Garage Access Accommodates Overnight Guests Limit: 8 Daytime Guests Limit: 12

Presented by:
Owner:
Abe Yuen
Seller Financing
Will Consider
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 350
Low: 180
Peak: 2500
Special Event: 2500
Avarage: 200.00
Furniture Age
2
Est Value of Furnishings
$30,000
Peak & High Seasons
January, February, March, April, October, November, December
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Moving out of state
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
32000
Net Operating Income
10400
Stories
1
Additional Indoor Rooms
Attached Garage for No car, Living Room, Master Suite Down
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Gas appliances, Microwave, Oven, Refrigerator, Washer, Other
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace
Floor Coverings
Carpet, Laminate Wood, Tile
Security
Yes
Security Description
WIFI CLOUD CONNECTED CAMERA
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Carpet, Double pane-low emissivity windows, Energy Efficient Insulation, Energy Star appliances, Energy Star certified windows, Energy efficient lighting, Low flow faucets/toilets, Programmable thermostat, Tankless water heater
Year built
2015
Outdoor Features
Inground Pool, Inground Spa, Porch - Not screened, Tennis court
View
Desert, Mountain
Backyard Exposure
North
Lot Size
6098 SQFT
Community Features
Bar, Clubhouse, Community Hot Tub, Community Pool(s), Driving Range, Fitness Center, Gated Community, Golf Shop, Guard Gated Community, Inside Community, Meeting Rooms, Nature Trails/Walking Path, Private Golf Course, Public Golf Course, Restaurant(s), Sundries Shop/Convenience Store, Tennis Court
Tax Amount/Year
$3,600
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Bar, Clubhouse, Community Hot Tub, Community Pool(s), Driving Range, Fitness Center, Gated Community, Golf Shop, Guard Gated Community, Inside Community, Meeting Rooms, Nature Trails/Walking Path, Private Golf Course, Public Golf Course, Restaurant(s), Sundries Shop/Convenience Store, Tennis Court
Mandatory HOA
Inquire
Home Legally Sleeps:
8
Onsite Parking
2 GARAGE, 2 DRIVEWAY
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$13.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
Inquire
Occupancy Rate
40
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
$200.00
Licesnes & Permits (Annual)
$150.00
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$150.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$1,200.00
Water/Sewer (Annual)
$600.00
Cable/Interbet (Annual)
$2,160.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$3,600.00
Homeowner's Insurance (Annual)
$650.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$2,700.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

RECALCULATE
Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

Additonal Net Revenue Streams

Effective Gross Revenue

Effective Gross Rent

RECALCULATE
Variable Expenses (Annual)
Management Rental Commission (%)

Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

Cleaning Fee ($ per rented wk)

Cleaning Fees Annually

Booking Site Service Fees (%)

Booking Site Service Fees ($)

Management Fee ($ per mo)

Management Fee Annually

Additonal Nightly Insurance Policy ($ per night)

Additonal Nightly Insurance Policy Annually

Sales, Bed, Resort, Tourist Tax (%)

Sales, Bed, Resort, Tourist Tax Annually ($)

RECALCULATE
Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

Property Taxes

Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

Annual Homeowners Association Dues

Additional Membership Fees

Maintenance Reserves/Supplies

Other

Fixed & Variable Expenses

RECALCULATE
Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

Monthly Payment

Annual Debt Service

RECALCULATE
Returns
Average Monthly Cash Flow

Annual Cash Flow

Cash-on-Cash Return

Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

Cap Rate (ROI)

RECALCULATE

User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

LOCATION MAP VIEW

Nearby Similar Homes

Data provided by property owner

The information featured here is supplied by third party resources. In some cases the owner directly will supply the data and in other cases third party listing sources. While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity, guarantee the information sourced here is 100% accurate. All users should do their own due diligence and further research before engaging in a property purchase based on the data and information provided here. It is deemed reliable but not guaranteed. In many cases the information may not be verified further than the source that provided it to us. This includes all data and information shown about the properties, locations, regulations and any other details found here. Vrolio does not own, manage and is not in any way associated with in a real estate transaction capacity any of the properties shown here. Images are subject to copyright from owner and photographer. We do not own any of the images provided here. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in a property.