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$6,387 (target)

1116 Aspen Pl, Salinas, CA 93901

3 beds • 3 baths • 1957 sqft

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This property looks like a bad Mid-Term investment with a projected -10.68% first-year return on $207k initial cash invested.

-10.68%

Cash On Cash

4.45%

Cap Rate

0.68

DSCR

$6,387

Rent

-$1,840

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,387 income − $8,227 expenses = $1,840 out of pocket

Income$6,387Out of Pocket$1,840Mortgage P&I$4,91777%Property Taxes$82413%Insurance$3155%Management$76612%CapEx$2554%Vacancy$1923%Maintenance$2554%Other$70311%

Investment Breakdown

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Purchase Price

$899k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$207k

Downpayment

20%

$180k

Closing costs

1%

$8,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,387

Total Expenses

$8,227

Mortgage P&I

77%

$4,917

Property Taxes

13%

$824

Home Insurance

5%

$315

HOA

0%

$0

Property Management

12%

$766

CapEx

4%

$255

Vacancy

3%

$192

Maintenance

4%

$255

Other

11%

$703

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