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2251 E Calle Papagayo, Palm Springs, CA 92262

3 beds • 2 baths • 1270 sqft

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This property looks like a bad Airbnb investment with a projected -11.19% first-year return on $218k initial cash invested.

-11.19%

Cash On Cash

3.74%

Cap Rate

0.63

DSCR

$6,690

Rent

-$2,029

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,690 income − $8,719 expenses = $2,029 out of pocket

Income$6,690Out of Pocket$2,029Mortgage P&I$4,72671%Property Taxes$4336%Insurance$3485%Management$1,00415%CapEx$2684%Maintenance$2684%Other$1,67225%

Investment Breakdown

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Purchase Price

$951k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$218k

Downpayment

20%

$190k

Closing costs

1%

$9,508

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,690

Total Expenses

$8,719

Mortgage P&I

71%

$4,726

Property Taxes

6%

$433

Home Insurance

5%

$348

HOA

0%

$0

Property Management

15%

$1,004

CapEx

4%

$268

Vacancy

0%

$0

Maintenance

4%

$268

Other

25%

$1,672

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