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$2,512 (target)

600 E California Ave, Ridgecrest, CA 93555

3 beds • 2 baths • 1288 sqft

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This property might be a fair Mid-Term investment with a projected 4.88% first-year return on $65,607 initial cash invested.

4.88%

Cash On Cash

8.2%

Cap Rate

1.31

DSCR

$2,512

Rent

$267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,512 income − $2,245 expenses = $267 cash flow

Income$2,512Mortgage P&I$1,18347%Property Taxes$1305%Insurance$803%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%Cash Flow$267

Investment Breakdown

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Purchase Price

$227k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,607

Downpayment

20%

$45,340

Closing costs

1%

$2,267

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,512

Total Expenses

$2,245

Mortgage P&I

47%

$1,183

Property Taxes

5%

$130

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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