REI Lense

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$5,080 (target)

10106 Shoveldown Ct, Bakersfield, CA 93311

3 beds • 2 baths • 2458 sqft

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This property looks like a bad Mid-Term investment with a projected -1.56% first-year return on $129k initial cash invested.

-1.56%

Cash On Cash

6.25%

Cap Rate

1.01

DSCR

$5,080

Rent

-$168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,080 income − $5,248 expenses = $168 out of pocket

Income$5,080Out of Pocket$168Mortgage P&I$2,72554%Property Taxes$56211%Insurance$1894%HOA$451%Management$61012%CapEx$2034%Vacancy$1523%Maintenance$2034%Other$55911%

Investment Breakdown

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Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,301

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,080

Total Expenses

$5,248

Mortgage P&I

54%

$2,725

Property Taxes

11%

$562

Home Insurance

4%

$189

HOA

1%

$45

Property Management

12%

$610

CapEx

4%

$203

Vacancy

3%

$152

Maintenance

4%

$203

Other

11%

$559

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