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42 Lafayette Dr, Rancho Mirage, CA 92270

3 beds • 3 baths • 3104 sqft

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This property looks like a bad Airbnb investment with a projected -34.95% first-year return on $189k initial cash invested.

-34.95%

Cash On Cash

-1.99%

Cap Rate

-0.33

DSCR

$2,270

Rent

-$5,518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,270 income − $7,788 expenses = $5,518 out of pocket

Income$2,270Out of Pocket$5,518Mortgage P&I$4,075180%Property Taxes$50022%Insurance$29713%HOA$1,82680%Management$34015%CapEx$914%Maintenance$914%Other$56825%

Investment Breakdown

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Purchase Price

$817k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$163k

Closing costs

1%

$8,165

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,270

Total Expenses

$7,788

Mortgage P&I

180%

$4,075

Property Taxes

22%

$500

Home Insurance

13%

$297

HOA

80%

$1,826

Property Management

15%

$340

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$568

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