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608 Peg St, Ridgecrest, CA 93555

3 beds • 2 baths • 1447 sqft

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This property looks like a bad Airbnb investment with a projected -7.03% first-year return on $69,429 initial cash invested.

-7.03%

Cash On Cash

4.85%

Cap Rate

0.76

DSCR

$2,391

Rent

-$407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,391 income − $2,798 expenses = $407 out of pocket

Income$2,391Out of Pocket$407Mortgage P&I$1,30054%Property Taxes$26311%Insurance$864%Management$35915%CapEx$964%Maintenance$964%Other$59825%

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,429

Downpayment

20%

$48,980

Closing costs

1%

$2,449

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,391

Total Expenses

$2,798

Mortgage P&I

54%

$1,300

Property Taxes

11%

$263

Home Insurance

4%

$86

HOA

0%

$0

Property Management

15%

$359

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$598

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