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621 Palmer Dr, Hemet, CA 92543

2 beds • 2 baths • 1026 sqft

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This property looks like a bad Airbnb investment with a projected -8.4% first-year return on $83,904 initial cash invested.

-8.4%

Cash On Cash

4.24%

Cap Rate

0.72

DSCR

$3,082

Rent

-$587

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,904

Downpayment

20%

$68,480

Closing costs

1%

$3,424

Rehab

0%

$0

Furnishing

4%

$12,000

Cashflow

Total Income

$3,082

Total Expenses

$3,669

Mortgage P&I

54%

$1,674

Property Taxes

11%

$335

Home Insurance

4%

$122

HOA

2%

$60

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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