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$2,940 (target)

1118 Amie Ct, Ridgecrest, CA 93555

3 beds • 2 baths • 1576 sqft

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This property looks like a bad Mid-Term investment with a projected -0.78% first-year return on $83,268 initial cash invested.

-0.78%

Cash On Cash

6.2%

Cap Rate

1.04

DSCR

$2,940

Rent

-$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,940 income − $2,994 expenses = $54 out of pocket

Income$2,940Out of Pocket$54Mortgage P&I$1,54352%Property Taxes$34112%Insurance$1104%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32311%

Investment Breakdown

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Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,268

Downpayment

20%

$62,160

Closing costs

1%

$3,108

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,940

Total Expenses

$2,994

Mortgage P&I

52%

$1,543

Property Taxes

12%

$341

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$323

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