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38666 Paradise Way, Cathedral City, CA 92234

3 beds • 3 baths • 1661 sqft

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This property looks like a bad Airbnb investment with a projected -20.55% first-year return on $140k initial cash invested.

-20.55%

Cash On Cash

1.28%

Cap Rate

0.21

DSCR

$2,075

Rent

-$2,399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$581k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,814

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,075

Total Expenses

$4,474

Mortgage P&I

142%

$2,937

Property Taxes

13%

$275

Home Insurance

13%

$266

HOA

0%

$0

Property Management

15%

$311

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$519

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