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37530 Melrose Dr, Cathedral City, CA 92234

3 beds • 2 baths • 1328 sqft

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This property looks like a bad Airbnb investment with a projected -21.59% first-year return on $110k initial cash invested.

-21.59%

Cash On Cash

0.6%

Cap Rate

0.1

DSCR

$1,815

Rent

-$1,978

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,560

Closing costs

1%

$4,378

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,815

Total Expenses

$3,793

Mortgage P&I

117%

$2,123

Property Taxes

35%

$640

Home Insurance

9%

$158

HOA

0%

$0

Property Management

15%

$272

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$454

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