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529 W Joyner Ave, Ridgecrest, CA 93555

3 beds • 2 baths • 1750 sqft

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This property looks like a bad Mid-Term investment with a projected -4.4% first-year return on $88,833 initial cash invested.

-4.4%

Cash On Cash

5.12%

Cap Rate

0.87

DSCR

$2,708

Rent

-$326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,833

Downpayment

20%

$67,460

Closing costs

1%

$3,373

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,708

Total Expenses

$3,034

Mortgage P&I

61%

$1,656

Property Taxes

13%

$339

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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