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$1,890 (target)

242 S Desert Candles St, Ridgecrest, CA 93555

3 beds • 2 baths • 1850 sqft

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This property looks like a bad Long-Term investment with a projected -1.79% first-year return on $44,184 initial cash invested.

-1.79%

Cash On Cash

6.85%

Cap Rate

1.02

DSCR

$1,890

Rent

-$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,890 income − $1,956 expenses = $66 out of pocket

Income$1,890Out of Pocket$66Mortgage P&I$1,17362%Property Taxes$21912%Insurance$744%Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,184

Downpayment

20%

$42,080

Closing costs

1%

$2,104

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$1,956

Mortgage P&I

62%

$1,173

Property Taxes

12%

$219

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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