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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 -21.43% first-year return on $120k initial cash invested.

-21.43%

Cash On Cash

0.95%

Cap Rate

0.16

DSCR

$2,184

Rent

-$2,140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $4,324 expenses = $2,140 out of pocket

Income$2,184Out of Pocket$2,140Mortgage P&I$2,437112%Property Taxes$48922%Insurance$1708%HOA$1808%Management$32815%CapEx$874%Maintenance$874%Other$54625%

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

$2,184

Total Expenses

$4,324

Mortgage P&I

112%

$2,437

Property Taxes

22%

$489

Home Insurance

8%

$170

HOA

8%

$180

Property Management

15%

$328

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$546

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