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570 Mesa Grande Dr, Palm Desert, CA 92211

3 beds • 4 baths • 2742 sqft

$1,510,600

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This property looks like a bad Airbnb investment with a projected -28.78% first-year return on $335k initial cash invested.

-28.78%

Cash On Cash

-0.32%

Cap Rate

-0.05

DSCR

$3,136

Rent

-$8,041

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,136 income − $11,177 expenses = $8,041 out of pocket

Income$3,136Out of Pocket$8,041Mortgage P&I$7,512240%Property Taxes$98231%Insurance$56018%HOA$61920%Management$47015%CapEx$1254%Maintenance$1254%Other$78425%

Investment Breakdown

|

Purchase Price

$1511k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$335k

Downpayment

20%

$302k

Closing costs

1%

$15,106

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,136

Total Expenses

$11,177

Mortgage P&I

240%

$7,512

Property Taxes

31%

$982

Home Insurance

18%

$560

HOA

20%

$619

Property Management

15%

$470

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$784

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