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2036 Cherrytree Dr, Perris, CA 92571

3 beds • 3 baths • 1257 sqft

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This property looks like a bad Airbnb investment with a projected -9.51% first-year return on $118k initial cash invested.

-9.51%

Cash On Cash

3.78%

Cap Rate

0.66

DSCR

$3,711

Rent

-$935

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$476k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,260

Closing costs

1%

$4,763

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,711

Total Expenses

$4,646

Mortgage P&I

62%

$2,286

Property Taxes

11%

$415

Home Insurance

4%

$164

HOA

0%

$0

Property Management

15%

$557

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$928

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Entire Home in Convenient location in Perris

$4,033

$260

3

2.5

1.18 mi

Home in Perris,(Olivetree dr.)

$3,459

$223

3

2.5

0.1 mi

❤️1st In BedComfort + Smarthome + SurroundSound ❤️

$4,281

$276

4

3

1.63 mi

Home in Perris, (Avocado Ave.)

$3,552

$229

4

2.5

0.11 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 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

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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