REI Lense

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$3,591 (target)

454 Paradise Rd, Salinas, CA 93907

3 beds • 2 baths • 1570 sqft

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This property looks like a bad Long-Term investment with a projected -11.38% first-year return on $156k initial cash invested.

-11.38%

Cash On Cash

3.96%

Cap Rate

0.65

DSCR

$3,591

Rent

-$1,484

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,591 income − $5,075 expenses = $1,484 out of pocket

Income$3,591Out of Pocket$1,484Mortgage P&I$3,760105%Property Taxes$1203%Insurance$2617%Management$35910%CapEx$1805%Vacancy$2156%Maintenance$1805%

Investment Breakdown

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Purchase Price

$745k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$149k

Closing costs

1%

$7,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,591

Total Expenses

$5,075

Mortgage P&I

105%

$3,760

Property Taxes

3%

$120

Home Insurance

7%

$261

HOA

0%

$0

Property Management

10%

$359

CapEx

5%

$180

Vacancy

6%

$215

Maintenance

5%

$180

Other

0%

$0

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