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2860 E Ventura Rd, Palm Springs, CA 92262

3 beds • 2 baths • 1380 sqft

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This property looks like a bad Airbnb investment with a projected -11.27% first-year return on $165k initial cash invested.

-11.27%

Cash On Cash

3.73%

Cap Rate

0.62

DSCR

$5,472

Rent

-$1,547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,472 income − $7,019 expenses = $1,547 out of pocket

Income$5,472Out of Pocket$1,547Mortgage P&I$3,49764%Property Taxes$65012%Insurance$2454%Management$82115%CapEx$2194%Maintenance$2194%Other$1,36825%

Investment Breakdown

|

Purchase Price

$698k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$6,984

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,472

Total Expenses

$7,019

Mortgage P&I

64%

$3,497

Property Taxes

12%

$650

Home Insurance

4%

$245

HOA

0%

$0

Property Management

15%

$821

CapEx

4%

$219

Vacancy

0%

$0

Maintenance

4%

$219

Other

25%

$1,368

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