REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,438 (target)

932 W Langley Ave, Ridgecrest, CA 93555

3 beds • 2 baths • 1311 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.75% first-year return on $71,802 initial cash invested.

-0.75%

Cash On Cash

6.39%

Cap Rate

1.04

DSCR

$2,438

Rent

-$45

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,438 income − $2,483 expenses = $45 out of pocket

Income$2,438Out of Pocket$45Mortgage P&I$1,31254%Property Taxes$25510%Insurance$864%Management$29312%CapEx$984%Vacancy$733%Maintenance$984%Other$26811%

Investment Breakdown

|

Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,802

Downpayment

20%

$51,240

Closing costs

1%

$2,562

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,438

Total Expenses

$2,483

Mortgage P&I

54%

$1,312

Property Taxes

10%

$255

Home Insurance

4%

$86

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$268

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis