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40731 Biscayne Dr, Palm Desert, CA 92211

3 beds • 2 baths • 1363 sqft

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This property looks like a bad Airbnb investment with a projected -22.72% first-year return on $120k initial cash invested.

-22.72%

Cash On Cash

0.61%

Cap Rate

0.1

DSCR

$1,939

Rent

-$2,269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,939 income − $4,208 expenses = $2,269 out of pocket

Income$1,939Out of Pocket$2,269Mortgage P&I$2,437126%Property Taxes$48925%Insurance$1709%HOA$1809%Management$29115%CapEx$784%Maintenance$784%Other$48525%

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,000

Closing costs

1%

$4,850

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,939

Total Expenses

$4,208

Mortgage P&I

126%

$2,437

Property Taxes

25%

$489

Home Insurance

9%

$170

HOA

9%

$180

Property Management

15%

$291

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$485

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