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419 Corral De Tierra Rd, Salinas, CA 93908

3 beds • 2 baths • 1737 sqft

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This property looks like a bad Airbnb investment with a projected -10.77% first-year return on $206k initial cash invested.

-10.77%

Cash On Cash

3.88%

Cap Rate

0.64

DSCR

$6,326

Rent

-$1,848

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,326 income − $8,174 expenses = $1,848 out of pocket

Income$6,326Out of Pocket$1,848Mortgage P&I$4,48671%Property Taxes$3385%Insurance$3135%Management$94915%CapEx$2534%Maintenance$2534%Other$1,58225%

Investment Breakdown

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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

$6,326

Total Expenses

$8,174

Mortgage P&I

71%

$4,486

Property Taxes

5%

$338

Home Insurance

5%

$313

HOA

0%

$0

Property Management

15%

$949

CapEx

4%

$253

Vacancy

0%

$0

Maintenance

4%

$253

Other

25%

$1,582

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