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67140 Ovante Rd, Cathedral City, CA 92234

3 beds • 2 baths • 1486 sqft

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This property looks like a bad Airbnb investment with a projected -15.94% first-year return on $107k initial cash invested.

-15.94%

Cash On Cash

2.69%

Cap Rate

0.42

DSCR

$2,704

Rent

-$1,425

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,704 income − $4,129 expenses = $1,425 out of pocket

Income$2,704Out of Pocket$1,425Mortgage P&I$2,26884%Property Taxes$41415%Insurance$1496%Management$40615%CapEx$1084%Maintenance$1084%Other$67625%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,704

Total Expenses

$4,129

Mortgage P&I

84%

$2,268

Property Taxes

15%

$414

Home Insurance

6%

$149

HOA

0%

$0

Property Management

15%

$406

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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