REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2418 Pinon Springs Ct, Bakersfield, CA 93309

3 beds • 2 baths • 1868 sqft

Email

This property looks like a bad Airbnb investment with a projected -12.4% first-year return on $104k initial cash invested.

-12.4%

Cash On Cash

3.19%

Cap Rate

0.53

DSCR

$2,966

Rent

-$1,076

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,966 income − $4,042 expenses = $1,076 out of pocket

Income$2,966Out of Pocket$1,076Mortgage P&I$2,04669%Property Taxes$42714%Insurance$1445%Management$44515%CapEx$1194%Maintenance$1194%Other$74225%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,966

Total Expenses

$4,042

Mortgage P&I

69%

$2,046

Property Taxes

14%

$427

Home Insurance

5%

$144

HOA

0%

$0

Property Management

15%

$445

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$742

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis