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547 N Farrell Dr, Palm Springs, CA 92262

3 beds • 2 baths • 1360 sqft

$1,050,000

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This property looks like a bad Airbnb investment with a projected -19.5% first-year return on $239k initial cash invested.

-19.5%

Cash On Cash

1.92%

Cap Rate

0.32

DSCR

$5,491

Rent

-$3,875

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,491 income − $9,366 expenses = $3,875 out of pocket

Income$5,491Out of Pocket$3,875Mortgage P&I$5,33797%Property Taxes$1,02419%Insurance$3687%Management$82415%CapEx$2204%Maintenance$2204%Other$1,37325%

Investment Breakdown

|

Purchase Price

$1050k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$239k

Downpayment

20%

$210k

Closing costs

1%

$10,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,491

Total Expenses

$9,366

Mortgage P&I

97%

$5,337

Property Taxes

19%

$1,024

Home Insurance

7%

$368

HOA

0%

$0

Property Management

15%

$824

CapEx

4%

$220

Vacancy

0%

$0

Maintenance

4%

$220

Other

25%

$1,373

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