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507 Weiman Ave, Ridgecrest, CA 93555

3 beds • 2 baths • 2255 sqft • 2 units

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This property might be a fair Airbnb investment with a projected 0.7% first-year return on $91,017 initial cash invested.

0.7%

Cash On Cash

6.84%

Cap Rate

1.13

DSCR

$4,406

Rent

$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,406 income − $4,353 expenses = $53 cash flow

Income$4,406Mortgage P&I$1,75240%Property Taxes$3648%Insurance$1223%Management$66115%CapEx$1764%Maintenance$1764%Other$1,10225%Cash Flow$53

Investment Breakdown

|

Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,017

Downpayment

20%

$69,540

Closing costs

1%

$3,477

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,406

Total Expenses

$4,353

Mortgage P&I

40%

$1,752

Property Taxes

8%

$364

Home Insurance

3%

$122

HOA

0%

$0

Property Management

15%

$661

CapEx

4%

$176

Vacancy

0%

$0

Maintenance

4%

$176

Other

25%

$1,102

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