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75388 Montecito Dr, Indian Wells, CA 92210

3 beds • 3 baths • 2124 sqft

$1,098,100

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This property looks like a bad Airbnb investment with a projected -24.87% first-year return on $249k initial cash invested.

-24.87%

Cash On Cash

0.53%

Cap Rate

0.09

DSCR

$3,538

Rent

-$5,152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1098k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$220k

Closing costs

1%

$10,981

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,538

Total Expenses

$8,690

Mortgage P&I

155%

$5,497

Property Taxes

31%

$1,098

Home Insurance

11%

$396

HOA

0%

$0

Property Management

15%

$531

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$884

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Comparable Property

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ADR

Beds

Baths

Distance

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4

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5

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2

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0.9 mi

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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