REI Lense

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$2,979 (target)

4224 Gordon St, Bakersfield, CA 93307

3 beds • 2 baths • 1334 sqft

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This property might be a fair Mid-Term investment with a projected 5.01% first-year return on $76,590 initial cash invested.

5.01%

Cash On Cash

7.9%

Cap Rate

1.31

DSCR

$2,979

Rent

$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,979 income − $2,659 expenses = $320 cash flow

Income$2,979Mortgage P&I$1,39847%Property Taxes$1515%Insurance$983%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$320

Investment Breakdown

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Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,979

Total Expenses

$2,659

Mortgage P&I

47%

$1,398

Property Taxes

5%

$151

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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