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2315 Henderson Canyon Rd, Borrego Springs, CA 92004

3 beds • 2 baths • 1682 sqft

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This property looks like a bad Airbnb investment with a projected -10.67% first-year return on $118k initial cash invested.

-10.67%

Cash On Cash

3.47%

Cap Rate

0.6

DSCR

$2,974

Rent

-$1,047

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,974 income − $4,021 expenses = $1,047 out of pocket

Income$2,974Out of Pocket$1,047Mortgage P&I$2,30077%Property Taxes$1274%Insurance$1666%Management$44615%CapEx$1194%Maintenance$1194%Other$74425%

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,974

Total Expenses

$4,021

Mortgage P&I

77%

$2,300

Property Taxes

4%

$127

Home Insurance

6%

$166

HOA

0%

$0

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$744

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