REI Lense

REI Lense

Unlock all features! Tap here to upgrade

419 Corral De Tierra Rd, Salinas, CA 93908

3 beds • 2 baths • 1737 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.06% first-year return on $206k initial cash invested.

-10.06%

Cash On Cash

4.05%

Cap Rate

0.67

DSCR

$6,559

Rent

-$1,726

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,559 income − $8,285 expenses = $1,726 out of pocket

Income$6,559Out of Pocket$1,726Mortgage P&I$4,48668%Property Taxes$3385%Insurance$3135%Management$98415%CapEx$2624%Maintenance$2624%Other$1,64025%

Investment Breakdown

|

Purchase Price

$895k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$206k

Downpayment

20%

$179k

Closing costs

1%

$8,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,559

Total Expenses

$8,285

Mortgage P&I

68%

$4,486

Property Taxes

5%

$338

Home Insurance

5%

$313

HOA

0%

$0

Property Management

15%

$984

CapEx

4%

$262

Vacancy

0%

$0

Maintenance

4%

$262

Other

25%

$1,640

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis