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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 -5.13% first-year return on $69,429 initial cash invested.

-5.13%

Cash On Cash

5.42%

Cap Rate

0.85

DSCR

$2,600

Rent

-$297

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,600 income − $2,897 expenses = $297 out of pocket

Income$2,600Out of Pocket$297Mortgage P&I$1,30050%Property Taxes$26310%Insurance$863%Management$39015%CapEx$1044%Maintenance$1044%Other$65025%

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

$2,600

Total Expenses

$2,897

Mortgage P&I

50%

$1,300

Property Taxes

10%

$263

Home Insurance

3%

$86

HOA

0%

$0

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$650

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