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1732 Royal Palm Ct, Palm Springs, CA 92262

3 beds • 4 baths • 2814 sqft

$2,089,100

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This property looks like a bad Airbnb investment with a projected -22.63% first-year return on $457k initial cash invested.

-22.63%

Cash On Cash

1.22%

Cap Rate

0.2

DSCR

$8,210

Rent

-$8,613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2089k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$457k

Downpayment

20%

$418k

Closing costs

1%

$20,891

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,210

Total Expenses

$16,823

Mortgage P&I

127%

$10,405

Property Taxes

21%

$1,710

Home Insurance

9%

$768

HOA

0%

$0

Property Management

15%

$1,232

CapEx

4%

$328

Vacancy

0%

$0

Maintenance

4%

$328

Other

25%

$2,052

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

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$11,688

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3

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0.27 mi

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$14,573

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3

3.5

0.29 mi

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$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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