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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 -2.95% first-year return on $206k initial cash invested.

-2.95%

Cash On Cash

5.81%

Cap Rate

0.97

DSCR

$8,904

Rent

-$507

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,904 income − $9,411 expenses = $507 out of pocket

Income$8,904Out of Pocket$507Mortgage P&I$4,48650%Property Taxes$3384%Insurance$3134%Management$1,33615%CapEx$3564%Maintenance$3564%Other$2,22625%

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

$8,904

Total Expenses

$9,411

Mortgage P&I

50%

$4,486

Property Taxes

4%

$338

Home Insurance

4%

$313

HOA

0%

$0

Property Management

15%

$1,336

CapEx

4%

$356

Vacancy

0%

$0

Maintenance

4%

$356

Other

25%

$2,226

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