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620 Ginger Ave, Ridgecrest, CA 93555

3 beds • 2 baths • 1234 sqft

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This property might be a fair Mid-Term investment with a projected 4.04% first-year return on $68,400 initial cash invested.

4.04%

Cash On Cash

7.84%

Cap Rate

1.27

DSCR

$2,595

Rent

$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,595

Total Expenses

$2,365

Mortgage P&I

48%

$1,233

Property Taxes

6%

$166

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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