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1650 E San Jacinto Way, Palm Springs, CA 92262

3 beds • 3 baths • 1826 sqft

$1,271,700

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This property looks like a bad Airbnb investment with a projected -19.02% first-year return on $285k initial cash invested.

-19.02%

Cash On Cash

1.89%

Cap Rate

0.32

DSCR

$6,447

Rent

-$4,519

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1272k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$285k

Downpayment

20%

$254k

Closing costs

1%

$12,717

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,447

Total Expenses

$10,966

Mortgage P&I

97%

$6,263

Property Taxes

18%

$1,136

Home Insurance

7%

$472

HOA

0%

$0

Property Management

15%

$967

CapEx

4%

$258

Vacancy

0%

$0

Maintenance

4%

$258

Other

25%

$1,612

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Comparable Property

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ADR

Beds

Baths

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3

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4

2

1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

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5

4

0.6 mi

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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