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370 Gold Canyon Dr, Palm Desert, CA 92211

3 beds • 4 baths • 2742 sqft

$1,483,400

View on Zillow
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This property looks like a bad Airbnb investment with a projected -32.15% first-year return on $330k initial cash invested.

-32.15%

Cash On Cash

-1.04%

Cap Rate

-0.17

DSCR

$2,366

Rent

-$8,829

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,366 income − $11,195 expenses = $8,829 out of pocket

Income$2,366Out of Pocket$8,829Mortgage P&I$7,454315%Property Taxes$1,47762%Insurance$50821%HOA$61926%Management$35515%CapEx$954%Maintenance$954%Other$59225%

Investment Breakdown

|

Purchase Price

$1483k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$330k

Downpayment

20%

$297k

Closing costs

1%

$14,834

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,366

Total Expenses

$11,195

Mortgage P&I

315%

$7,454

Property Taxes

62%

$1,477

Home Insurance

21%

$508

HOA

26%

$619

Property Management

15%

$355

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$592

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