REI Lense

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$5,386 (target)

454 Paradise Rd, Salinas, CA 93907

3 beds • 2 baths • 1570 sqft

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This property looks like a bad Mid-Term investment with a projected -4.02% first-year return on $174k initial cash invested.

-4.02%

Cash On Cash

5.46%

Cap Rate

0.9

DSCR

$5,386

Rent

-$585

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,386 income − $5,971 expenses = $585 out of pocket

Income$5,386Out of Pocket$585Mortgage P&I$3,76070%Property Taxes$1202%Insurance$2615%Management$64612%CapEx$2154%Vacancy$1623%Maintenance$2154%Other$59211%

Investment Breakdown

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Purchase Price

$745k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$149k

Closing costs

1%

$7,450

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,386

Total Expenses

$5,971

Mortgage P&I

70%

$3,760

Property Taxes

2%

$120

Home Insurance

5%

$261

HOA

0%

$0

Property Management

12%

$646

CapEx

4%

$215

Vacancy

3%

$162

Maintenance

4%

$215

Other

11%

$592

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