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305 Borman Ave, Bakersfield, CA 93308

3 beds • 2 baths • 1523 sqft

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This property looks like a bad Mid-Term investment with a projected -1.43% first-year return on $97,464 initial cash invested.

-1.43%

Cash On Cash

5.96%

Cap Rate

1.01

DSCR

$3,489

Rent

-$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,464

Downpayment

20%

$75,680

Closing costs

1%

$3,784

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,489

Total Expenses

$3,605

Mortgage P&I

53%

$1,855

Property Taxes

12%

$429

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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