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74245 Covered Wagon Trl, Palm Desert, CA 92260

3 beds • 3 baths • 1850 sqft

$1,055,400

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This property looks like a bad Airbnb investment with a projected -29.19% first-year return on $240k initial cash invested.

-29.19%

Cash On Cash

0.24%

Cap Rate

0.04

DSCR

$2,976

Rent

-$5,829

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,976 income − $8,805 expenses = $5,829 out of pocket

Income$2,976Out of Pocket$5,829Mortgage P&I$5,920199%Property Taxes$1,07236%Insurance$38513%Management$44615%CapEx$1194%Maintenance$1194%Other$74425%

Investment Breakdown

|

Purchase Price

$1055k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$240k

Downpayment

20%

$211k

Closing costs

1%

$10,554

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,976

Total Expenses

$8,805

Mortgage P&I

199%

$5,920

Property Taxes

36%

$1,072

Home Insurance

13%

$385

HOA

0%

$0

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$744

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