REI Lense

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$1,904 (target)

925 W Tamarisk Ave, Ridgecrest, CA 93555

3 beds • 2 baths • 1489 sqft

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This property looks like a bad Long-Term investment with a projected -5.33% first-year return on $54,222 initial cash invested.

-5.33%

Cash On Cash

5.38%

Cap Rate

0.89

DSCR

$1,904

Rent

-$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,904 income − $2,145 expenses = $241 out of pocket

Income$1,904Out of Pocket$241Mortgage P&I$1,30468%Property Taxes$25613%Insurance$915%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,222

Downpayment

20%

$51,640

Closing costs

1%

$2,582

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,904

Total Expenses

$2,145

Mortgage P&I

68%

$1,304

Property Taxes

13%

$256

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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