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1586 S San Mateo Dr, Palm Springs, CA 92264

3 beds • 3 baths • 2300 sqft

$1,316,000

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This property looks like a bad Airbnb investment with a projected -24.66% first-year return on $294k initial cash invested.

-24.66%

Cash On Cash

0.81%

Cap Rate

0.13

DSCR

$4,835

Rent

-$6,048

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,835 income − $10,883 expenses = $6,048 out of pocket

Income$4,835Out of Pocket$6,048Mortgage P&I$6,741139%Property Taxes$1,34128%Insurance$48110%Management$72515%CapEx$1934%Maintenance$1934%Other$1,20925%

Investment Breakdown

|

Purchase Price

$1316k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$294k

Downpayment

20%

$263k

Closing costs

1%

$13,160

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,835

Total Expenses

$10,883

Mortgage P&I

139%

$6,741

Property Taxes

28%

$1,341

Home Insurance

10%

$481

HOA

0%

$0

Property Management

15%

$725

CapEx

4%

$193

Vacancy

0%

$0

Maintenance

4%

$193

Other

25%

$1,209

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