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$3,050 (target)

2893 Corona Ave, Mojave, CA 93501

3 beds • 2 baths • 1169 sqft

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This property might be a fair Mid-Term investment with a projected 7.66% first-year return on $70,038 initial cash invested.

7.66%

Cash On Cash

9.02%

Cap Rate

1.44

DSCR

$3,050

Rent

$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,050 income − $2,603 expenses = $447 cash flow

Income$3,050Mortgage P&I$1,29342%Property Taxes$1846%Insurance$883%Management$36612%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$447

Investment Breakdown

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Purchase Price

$248k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,038

Downpayment

20%

$49,560

Closing costs

1%

$2,478

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,050

Total Expenses

$2,603

Mortgage P&I

42%

$1,293

Property Taxes

6%

$184

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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