REI Lense

REI Lense

Unlock all features! Tap here to upgrade

539 Garis Ave, Ridgecrest, CA 93555

3 beds • 2 baths • 1999 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.41% first-year return on $86,481 initial cash invested.

-10.41%

Cash On Cash

3.62%

Cap Rate

0.6

DSCR

$2,453

Rent

-$750

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,453 income − $3,203 expenses = $750 out of pocket

Income$2,453Out of Pocket$750Mortgage P&I$1,63767%Property Taxes$27311%Insurance$1165%Management$36815%CapEx$984%Maintenance$984%Other$61325%

Investment Breakdown

|

Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,481

Downpayment

20%

$65,220

Closing costs

1%

$3,261

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,453

Total Expenses

$3,203

Mortgage P&I

67%

$1,637

Property Taxes

11%

$273

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$613

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis