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3504 Charlotte St, Bakersfield, CA 93313

3 beds • 2 baths • 1305 sqft

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This property might be a fair Mid-Term investment with a projected 1.6% first-year return on $94,629 initial cash invested.

1.6%

Cash On Cash

6.68%

Cap Rate

1.15

DSCR

$3,375

Rent

$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,629

Downpayment

20%

$72,980

Closing costs

1%

$3,649

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,375

Total Expenses

$3,249

Mortgage P&I

52%

$1,770

Property Taxes

6%

$204

Home Insurance

4%

$128

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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