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2889 N Davis Way, Palm Springs, CA 92262

3 beds • 2 baths • 1224 sqft

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This property looks like a bad Airbnb investment with a projected -15.89% first-year return on $212k initial cash invested.

-15.89%

Cash On Cash

2.7%

Cap Rate

0.45

DSCR

$5,757

Rent

-$2,811

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,757 income − $8,568 expenses = $2,811 out of pocket

Income$5,757Out of Pocket$2,811Mortgage P&I$4,66781%Property Taxes$80614%Insurance$3326%Management$86415%CapEx$2304%Maintenance$2304%Other$1,43925%

Investment Breakdown

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Purchase Price

$925k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$212k

Downpayment

20%

$185k

Closing costs

1%

$9,254

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,757

Total Expenses

$8,568

Mortgage P&I

81%

$4,667

Property Taxes

14%

$806

Home Insurance

6%

$332

HOA

0%

$0

Property Management

15%

$864

CapEx

4%

$230

Vacancy

0%

$0

Maintenance

4%

$230

Other

25%

$1,439

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