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$2,373 (target)

205 S Desert Candles St, Ridgecrest, CA 93555

3 beds • 2 baths • 1382 sqft

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This property might be a fair Mid-Term investment with a projected 6.78% first-year return on $55,779 initial cash invested.

6.78%

Cash On Cash

9.41%

Cap Rate

1.41

DSCR

$2,373

Rent

$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,373 income − $2,058 expenses = $315 cash flow

Income$2,373Mortgage P&I$1,00142%Property Taxes$1878%Insurance$633%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26111%Cash Flow$315

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,373

Total Expenses

$2,058

Mortgage P&I

42%

$1,001

Property Taxes

8%

$187

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$261

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