REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,005 (target)

1224 Mandy Ct, Ridgecrest, CA 93555

3 beds • 2 baths • 1824 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.73% first-year return on $76,902 initial cash invested.

-13.73%

Cash On Cash

3.51%

Cap Rate

0.58

DSCR

$2,005

Rent

-$880

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,005 income − $2,885 expenses = $880 out of pocket

Income$2,005Out of Pocket$880Mortgage P&I$1,85092%Property Taxes$38519%Insurance$1306%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,902

Downpayment

20%

$73,240

Closing costs

1%

$3,662

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,005

Total Expenses

$2,885

Mortgage P&I

92%

$1,850

Property Taxes

19%

$385

Home Insurance

6%

$130

HOA

0%

$0

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis