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$2,570 (target)

409 Fountain St, Ridgecrest, CA 93555

3 beds • 2 baths • 1300 sqft

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This property might be a fair Mid-Term investment with a projected 0.62% first-year return on $71,508 initial cash invested.

0.62%

Cash On Cash

6.8%

Cap Rate

1.11

DSCR

$2,570

Rent

$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,570 income − $2,533 expenses = $37 cash flow

Income$2,570Mortgage P&I$1,30451%Property Taxes$26610%Insurance$893%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%Cash Flow$37

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,508

Downpayment

20%

$50,960

Closing costs

1%

$2,548

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,570

Total Expenses

$2,533

Mortgage P&I

51%

$1,304

Property Taxes

10%

$266

Home Insurance

3%

$89

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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