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$6,759 (target)

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 Mid-Term investment with a projected -11.29% first-year return on $252k initial cash invested.

-11.29%

Cash On Cash

3.7%

Cap Rate

0.62

DSCR

$6,759

Rent

-$2,372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,759 income − $9,131 expenses = $2,372 out of pocket

Income$6,759Out of Pocket$2,372Mortgage P&I$5,53882%Property Taxes$89413%Insurance$4026%Management$81112%CapEx$2704%Vacancy$2033%Maintenance$2704%Other$74311%

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

$6,759

Total Expenses

$9,131

Mortgage P&I

82%

$5,538

Property Taxes

13%

$894

Home Insurance

6%

$402

HOA

0%

$0

Property Management

12%

$811

CapEx

4%

$270

Vacancy

3%

$203

Maintenance

4%

$270

Other

11%

$743

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