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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 -18.62% first-year return on $256k initial cash invested.

-18.62%

Cash On Cash

1.8%

Cap Rate

0.31

DSCR

$4,787

Rent

-$3,966

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,787 income − $8,753 expenses = $3,966 out of pocket

Income$4,787Out of Pocket$3,966Mortgage P&I$5,475114%Property Taxes$56812%Insurance$4139%Management$71815%CapEx$1914%Maintenance$1914%Other$1,19725%

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

$4,787

Total Expenses

$8,753

Mortgage P&I

114%

$5,475

Property Taxes

12%

$568

Home Insurance

9%

$413

HOA

0%

$0

Property Management

15%

$718

CapEx

4%

$191

Vacancy

0%

$0

Maintenance

4%

$191

Other

25%

$1,197

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