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425 Echo Valley Rd, Salinas, CA 93907

3 beds • 2 baths • 1782 sqft

$1,115,300

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This property looks like a bad Airbnb investment with a projected -25.4% first-year return on $252k initial cash invested.

-25.4%

Cash On Cash

0.34%

Cap Rate

0.06

DSCR

$2,878

Rent

-$5,338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,878 income − $8,216 expenses = $5,338 out of pocket

Income$2,878Out of Pocket$5,338Mortgage P&I$5,538192%Property Taxes$89431%Insurance$40214%Management$43215%CapEx$1154%Maintenance$1154%Other$72025%

Investment Breakdown

|

Purchase Price

$1115k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$252k

Downpayment

20%

$223k

Closing costs

1%

$11,153

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,878

Total Expenses

$8,216

Mortgage P&I

192%

$5,538

Property Taxes

31%

$894

Home Insurance

14%

$402

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

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