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709 Castaic Ave, Bakersfield, CA 93308

3 beds • 2 baths • 1080 sqft

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This property looks like a bad Mid-Term investment with a projected -2.7% first-year return on $85,200 initial cash invested.

-2.7%

Cash On Cash

5.44%

Cap Rate

0.94

DSCR

$2,475

Rent

-$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,475

Total Expenses

$2,667

Mortgage P&I

62%

$1,544

Property Taxes

7%

$170

Home Insurance

5%

$112

HOA

0%

$0

Property Management

12%

$297

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$272

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