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$3,008 (target)

1224 Mandy Ct, Ridgecrest, CA 93555

3 beds • 2 baths • 1824 sqft

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This property looks like a bad Mid-Term investment with a projected -4.79% first-year return on $94,902 initial cash invested.

-4.79%

Cash On Cash

5.21%

Cap Rate

0.86

DSCR

$3,008

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,008 income − $3,387 expenses = $379 out of pocket

Income$3,008Out of Pocket$379Mortgage P&I$1,85062%Property Taxes$38513%Insurance$1304%Management$36112%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33111%

Investment Breakdown

|

Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,902

Downpayment

20%

$73,240

Closing costs

1%

$3,662

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,008

Total Expenses

$3,387

Mortgage P&I

62%

$1,850

Property Taxes

13%

$385

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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