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38781 Corte Ancera, Indio, CA 92203

3 beds • 4 baths • 2202 sqft

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This property looks like a bad Airbnb investment with a projected -16% first-year return on $147k initial cash invested.

-16%

Cash On Cash

2.35%

Cap Rate

0.4

DSCR

$4,423

Rent

-$1,956

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$613k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,129

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,423

Total Expenses

$6,379

Mortgage P&I

67%

$2,977

Property Taxes

15%

$662

Home Insurance

5%

$219

HOA

9%

$398

Property Management

15%

$663

CapEx

4%

$177

Vacancy

0%

$0

Maintenance

4%

$177

Other

25%

$1,106

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Pool/Spa-Location-Basketball-GameRoom-Specials ask

$7,350

$537

3

3

2.08 mi

Modern Bliss: Heated Pool, EV Charger, Game Room

$5,530

$404

3

3

2.3 mi

RELAX: Saltwater Pool & Spa, Pool Table, Darts

$1,766

$129

3

3

1.48 mi

New! Stunning Modern Desert Retreat

$7,638

$558

4

4.5

2.22 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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