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$6,096 (target)

1069 University Ave, Salinas, CA 93901

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Mid-Term investment with a projected -10.37% first-year return on $196k initial cash invested.

-10.37%

Cash On Cash

4.51%

Cap Rate

0.69

DSCR

$6,096

Rent

-$1,696

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,096 income − $7,792 expenses = $1,696 out of pocket

Income$6,096Out of Pocket$1,696Mortgage P&I$4,64376%Property Taxes$77813%Insurance$2975%Management$73212%CapEx$2444%Vacancy$1833%Maintenance$2444%Other$67111%

Investment Breakdown

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Purchase Price

$849k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$196k

Downpayment

20%

$170k

Closing costs

1%

$8,490

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,096

Total Expenses

$7,792

Mortgage P&I

76%

$4,643

Property Taxes

13%

$778

Home Insurance

5%

$297

HOA

0%

$0

Property Management

12%

$732

CapEx

4%

$244

Vacancy

3%

$183

Maintenance

4%

$244

Other

11%

$671

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