REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

620 Ginger Ave, Ridgecrest, CA 93555

3 beds • 2 baths • 1234 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.81% first-year return on $50,400 initial cash invested.

-4.81%

Cash On Cash

5.58%

Cap Rate

0.91

DSCR

$1,730

Rent

-$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,730

Total Expenses

$1,932

Mortgage P&I

71%

$1,233

Property Taxes

10%

$166

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis