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Indio Ca
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Indio Ca
Indio Ca
Indio Ca
Indio Ca

Beautiful Desert Home - Pool and Spa

1 of 5

shares taken / 4 available shares

$590,000

home price

$118,000

cost per share

$1,144 / mo

estimated costs

$1,180 / mo

monthly income

CASH AT CLOSING PER SHARE
Down Payment
$23,600
Closing Cost
$7,080
Reserve Fund Deposit
$3,540
Total Cash at Closing
$34,220
Co-own this home
Details
2 bedrooms | 2.5 bath

Own a piece of the festival scene with this beautifully maintained 2-bedroom, 2.5-bath single-family home located directly across from the Empire Polo Grounds—home to Coachella and Stagecoach.


Sleeps up to 8 guests comfortably, ideal for festival-goers, golfers, and vacationers


Private pool, hot tub, and firepit for the ultimate desert retreat


Located in a gated community near a golf course


Stylish interiors and modern amenities


This is a rare opportunity to invest in a beautiful property in one of Southern California’s hottest vacation home markets.

I'm interested
House Usage
  • 5 shares total
  • 10 weeks a year per share
About the Organizer

We've owned this home since 2022, but recently moved to Utah and aren't able to visit as much as we wish we could. We're offering co-ownership to 4 other potential owners who love the desert and want to enjoy this beautiful home.

We are currently listing it on Airbnb, and it performs very well. However we are flexible on whether or not to continue renting it out, depending on what the owners want.

Amenities
We are looking for a house that includes:
  • Hot tub
  • Pool
House Rules
  • No pets
  • No firearms allowed
  • Short term renting permitted
Answered Questions
Ask a question
Home Inspiration
5 Co-owners 1 of 5
$118,000 per share

Calculated Costs per Share

Beautiful Desert Home - Pool and Spa
Indio, CA
CASH AT CLOSING PER SHARE
Down Payment
$23,600
Closing Cost
$7,080
Reserve Fund Deposit
$3,540
Total Cash at Closing
$34,220
ESTIMATED MONTHLY EXPENSES PER SHARE
Mortgage Payment
$693
Insurance/Taxes
$128
Repairs
$98
Maintenance
$98
Utilities
$82
Cleaning
$45
Total Expenses
$1,144
This total is an estimate of all the expected costs associated with owning a vacation home with a Plum certified ownership agreement.
Location, type of house, changes in interest rates and utilities can all change and affect the monthly cost throughout the term of ownership.
ESTIMATED MONTHLY INCOME PER SHARE
Monthly Income
$1,180
Total Monthly Income
$1,180

A good threshold for rental property investment is the 1% Rule (source). It states that you should only invest in rental property if you are reasonably confident that the property can rent for 1% of the sale price per month.

We’ve included that assumption here. It is critical that the group validate pricing, rental history, and future rental projections of any specific property before proceeding with a purchase. You can explore rental incomes of any property with this free estimation tool at Rabbu.com.

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