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47500 Via Montigo, La Quinta, CA 92253

3 beds • 3 baths • 2839 sqft

$1,655,800

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This property looks like a bad Airbnb investment with a projected -29.75% first-year return on $366k initial cash invested.

-29.75%

Cash On Cash

-0.57%

Cap Rate

-0.1

DSCR

$2,576

Rent

-$9,066

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1656k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$366k

Downpayment

20%

$331k

Closing costs

1%

$16,558

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,576

Total Expenses

$11,642

Mortgage P&I

317%

$8,176

Property Taxes

41%

$1,053

Home Insurance

22%

$578

HOA

23%

$599

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$644

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Comparable Property

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ADR

Beds

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3

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4

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2

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0.9 mi

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5

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0.6 mi

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

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2

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0.9 mi

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$2,850

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5

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0.6 mi

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