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8824 Breckenridge Rd, Bakersfield, CA 93306

3 beds • 3 baths • 1907 sqft

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This property looks like a bad Airbnb investment with a projected -16.27% first-year return on $90,450 initial cash invested.

-16.27%

Cash On Cash

2.01%

Cap Rate

0.33

DSCR

$1,763

Rent

-$1,226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,763 income − $2,989 expenses = $1,226 out of pocket

Income$1,763Out of Pocket$1,226Mortgage P&I$1,73298%Property Taxes$28816%Insurance$1227%Management$26415%CapEx$714%Maintenance$714%Other$44125%

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,763

Total Expenses

$2,989

Mortgage P&I

98%

$1,732

Property Taxes

16%

$288

Home Insurance

7%

$122

HOA

0%

$0

Property Management

15%

$264

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$441

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