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6 Tortosa Dr, Rancho Mirage, CA 92270

2 beds • 2 baths • 1741 sqft

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This property looks like a bad Airbnb investment with a projected -23.79% first-year return on $109k initial cash invested.

-23.79%

Cash On Cash

0.51%

Cap Rate

0.09

DSCR

$2,980

Rent

-$2,163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$462k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$92,460

Closing costs

1%

$4,623

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$2,980

Total Expenses

$5,143

Mortgage P&I

75%

$2,242

Property Taxes

18%

$550

Home Insurance

6%

$166

HOA

25%

$755

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$745

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