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16290 Blackie Rd, Salinas, CA 93907

3 beds • 3 baths • 2010 sqft

$1,131,600

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This property looks like a bad Airbnb investment with a projected -19.48% first-year return on $256k initial cash invested.

-19.48%

Cash On Cash

1.59%

Cap Rate

0.27

DSCR

$4,435

Rent

-$4,149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1132k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$256k

Downpayment

20%

$226k

Closing costs

1%

$11,316

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,435

Total Expenses

$8,584

Mortgage P&I

123%

$5,475

Property Taxes

13%

$568

Home Insurance

9%

$413

HOA

0%

$0

Property Management

15%

$665

CapEx

4%

$177

Vacancy

0%

$0

Maintenance

4%

$177

Other

25%

$1,109

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