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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 -32.29% first-year return on $330k initial cash invested.

-32.29%

Cash On Cash

-1.07%

Cap Rate

-0.18

DSCR

$2,289

Rent

-$8,868

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,289 income − $11,157 expenses = $8,868 out of pocket

Income$2,289Out of Pocket$8,868Mortgage P&I$7,454326%Property Taxes$1,47765%Insurance$50822%HOA$61927%Management$34315%CapEx$924%Maintenance$924%Other$57225%

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

$2,289

Total Expenses

$11,157

Mortgage P&I

326%

$7,454

Property Taxes

65%

$1,477

Home Insurance

22%

$508

HOA

27%

$619

Property Management

15%

$343

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$572

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