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1045 Southern Hills Dr, Banning, CA 92220

3 beds • 2 baths • 1247 sqft

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This property looks like a bad Airbnb investment with a projected -6.1% first-year return on $113k initial cash invested.

-6.1%

Cash On Cash

4.81%

Cap Rate

0.83

DSCR

$4,942

Rent

-$572

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,942

Total Expenses

$5,514

Mortgage P&I

44%

$2,179

Property Taxes

9%

$439

Home Insurance

3%

$158

HOA

7%

$365

Property Management

15%

$741

CapEx

4%

$198

Vacancy

0%

$0

Maintenance

4%

$198

Other

25%

$1,236

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