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2639 Center St, Bakersfield, CA 93306

3 beds • 2 baths • 903 sqft

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This property looks like a bad Mid-Term investment with a projected -1.76% first-year return on $65,565 initial cash invested.

-1.76%

Cash On Cash

5.95%

Cap Rate

0.99

DSCR

$2,048

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$227k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,565

Downpayment

20%

$45,300

Closing costs

1%

$2,265

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,048

Total Expenses

$2,144

Mortgage P&I

56%

$1,137

Property Taxes

11%

$231

Home Insurance

4%

$80

HOA

0%

$0

Property Management

12%

$246

CapEx

4%

$82

Vacancy

3%

$61

Maintenance

4%

$82

Other

11%

$225

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