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50325 Grand Traverse Ave, La Quinta, CA 92253

3 beds • 3 baths • 2305 sqft

$1,033,100

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This property looks like a bad Airbnb investment with a projected -32.14% first-year return on $235k initial cash invested.

-32.14%

Cash On Cash

-0.51%

Cap Rate

-0.08

DSCR

$2,488

Rent

-$6,292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,488 income − $8,780 expenses = $6,292 out of pocket

Income$2,488Out of Pocket$6,292Mortgage P&I$5,750231%Property Taxes$1,04842%Insurance$37615%HOA$41117%Management$37315%CapEx$1004%Maintenance$1004%Other$62225%

Investment Breakdown

|

Purchase Price

$1033k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$235k

Downpayment

20%

$207k

Closing costs

1%

$10,331

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,488

Total Expenses

$8,780

Mortgage P&I

231%

$5,750

Property Taxes

42%

$1,048

Home Insurance

15%

$376

HOA

17%

$411

Property Management

15%

$373

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$622

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