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584 Fountain Dr, Palm Springs, CA 92262

3 beds • 4 baths • 2084 sqft

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This property looks like a bad Airbnb investment with a projected -21.86% first-year return on $193k initial cash invested.

-21.86%

Cash On Cash

1.35%

Cap Rate

0.22

DSCR

$4,793

Rent

-$3,509

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,793 income − $8,302 expenses = $3,509 out of pocket

Income$4,793Out of Pocket$3,509Mortgage P&I$4,25389%Property Taxes$92419%Insurance$2946%HOA$53011%Management$71915%CapEx$1924%Maintenance$1924%Other$1,19825%

Investment Breakdown

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Purchase Price

$831k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$193k

Downpayment

20%

$166k

Closing costs

1%

$8,314

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,793

Total Expenses

$8,302

Mortgage P&I

89%

$4,253

Property Taxes

19%

$924

Home Insurance

6%

$294

HOA

11%

$530

Property Management

15%

$719

CapEx

4%

$192

Vacancy

0%

$0

Maintenance

4%

$192

Other

25%

$1,198

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