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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 Long-Term investment with a projected -12.75% first-year return on $157k initial cash invested.

-12.75%

Cash On Cash

3.4%

Cap Rate

0.59

DSCR

$3,570

Rent

-$1,665

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

$157k

Downpayment

20%

$149k

Closing costs

1%

$7,462

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,570

Total Expenses

$5,235

Mortgage P&I

101%

$3,603

Property Taxes

12%

$439

Home Insurance

7%

$266

HOA

0%

$0

Property Management

10%

$357

CapEx

5%

$178

Vacancy

6%

$214

Maintenance

5%

$178

Other

0%

$0

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