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$3,928 (target)

1505 Atherton Way, Salinas, CA 93906

3 beds • 2 baths • 1599 sqft

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This property looks like a bad Long-Term investment with a projected -7.07% first-year return on $143k initial cash invested.

-7.07%

Cash On Cash

4.84%

Cap Rate

0.81

DSCR

$3,928

Rent

-$845

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,928 income − $4,773 expenses = $845 out of pocket

Income$3,928Out of Pocket$845Mortgage P&I$3,40587%Property Taxes$1023%Insurance$2456%Management$39310%CapEx$1965%Vacancy$2366%Maintenance$1965%

Investment Breakdown

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Purchase Price

$683k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$137k

Closing costs

1%

$6,832

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,928

Total Expenses

$4,773

Mortgage P&I

87%

$3,405

Property Taxes

3%

$102

Home Insurance

6%

$245

HOA

0%

$0

Property Management

10%

$393

CapEx

5%

$196

Vacancy

6%

$236

Maintenance

5%

$196

Other

0%

$0

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