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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 -10.66% first-year return on $88,833 initial cash invested.

-10.66%

Cash On Cash

3.45%

Cap Rate

0.59

DSCR

$2,548

Rent

-$789

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,548 income − $3,337 expenses = $789 out of pocket

Income$2,548Out of Pocket$789Mortgage P&I$1,65665%Property Taxes$33913%Insurance$1195%Management$38215%CapEx$1024%Maintenance$1024%Other$63725%

Investment Breakdown

|

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

$2,548

Total Expenses

$3,337

Mortgage P&I

65%

$1,656

Property Taxes

13%

$339

Home Insurance

5%

$119

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$637

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