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611 Argentine Dr, Salinas, CA 93905

3 beds • 2 baths • 1608 sqft

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This property looks like a bad Airbnb investment with a projected -3.79% first-year return on $175k initial cash invested.

-3.79%

Cash On Cash

5.37%

Cap Rate

0.93

DSCR

$7,223

Rent

-$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$746k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$149k

Closing costs

1%

$7,462

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,223

Total Expenses

$7,775

Mortgage P&I

50%

$3,603

Property Taxes

6%

$439

Home Insurance

4%

$266

HOA

0%

$0

Property Management

15%

$1,083

CapEx

4%

$289

Vacancy

0%

$0

Maintenance

4%

$289

Other

25%

$1,806

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