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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 Airbnb investment with a projected -4.36% first-year return on $88,833 initial cash invested.

-4.36%

Cash On Cash

5.23%

Cap Rate

0.89

DSCR

$3,445

Rent

-$323

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

$3,445

Total Expenses

$3,768

Mortgage P&I

48%

$1,656

Property Taxes

10%

$339

Home Insurance

3%

$119

HOA

0%

$0

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$861

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