REI Lense

REI Lense

Unlock all features! Tap here to upgrade

394 W Bon Air Dr, Palm Springs, CA 92262

3 beds • 2 baths • 1622 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.77% first-year return on $121k initial cash invested.

-8.77%

Cash On Cash

4.44%

Cap Rate

0.72

DSCR

$4,593

Rent

-$887

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,593 income − $5,480 expenses = $887 out of pocket

Income$4,593Out of Pocket$887Mortgage P&I$2,52455%Property Taxes$57613%Insurance$1754%Management$68915%CapEx$1844%Maintenance$1844%Other$1,14825%

Investment Breakdown

|

Purchase Price

$492k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,440

Closing costs

1%

$4,922

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,593

Total Expenses

$5,480

Mortgage P&I

55%

$2,524

Property Taxes

13%

$576

Home Insurance

4%

$175

HOA

0%

$0

Property Management

15%

$689

CapEx

4%

$184

Vacancy

0%

$0

Maintenance

4%

$184

Other

25%

$1,148

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis