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2342 N San Gorgonio Rd, Palm Springs, CA 92262

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Airbnb investment with a projected -13.31% first-year return on $198k initial cash invested.

-13.31%

Cash On Cash

3.23%

Cap Rate

0.54

DSCR

$6,331

Rent

-$2,200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,331 income − $8,531 expenses = $2,200 out of pocket

Income$6,331Out of Pocket$2,200Mortgage P&I$4,26167%Property Taxes$92015%Insurance$3115%Management$95015%CapEx$2534%Maintenance$2534%Other$1,58325%

Investment Breakdown

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Purchase Price

$859k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$198k

Downpayment

20%

$172k

Closing costs

1%

$8,585

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,331

Total Expenses

$8,531

Mortgage P&I

67%

$4,261

Property Taxes

15%

$920

Home Insurance

5%

$311

HOA

0%

$0

Property Management

15%

$950

CapEx

4%

$253

Vacancy

0%

$0

Maintenance

4%

$253

Other

25%

$1,583

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