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$3,426 (target)

3208 Corvallis Ct, Bakersfield, CA 93309

3 beds • 2 baths • 1499 sqft

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This property looks like a bad Mid-Term investment with a projected -5.26% first-year return on $101k initial cash invested.

-5.26%

Cash On Cash

5.64%

Cap Rate

0.86

DSCR

$3,426

Rent

-$441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,426 income − $3,867 expenses = $441 out of pocket

Income$3,426Out of Pocket$441Mortgage P&I$2,15263%Property Taxes$41212%Insurance$1384%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%

Investment Breakdown

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Purchase Price

$393k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,620

Closing costs

1%

$3,931

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,426

Total Expenses

$3,867

Mortgage P&I

63%

$2,152

Property Taxes

12%

$412

Home Insurance

4%

$138

HOA

0%

$0

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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