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632 San Tomas Way, Salinas, CA 93901

3 beds • 2 baths • 1863 sqft

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This property looks like a bad Airbnb investment with a projected -11.41% first-year return on $212k initial cash invested.

-11.41%

Cash On Cash

3.46%

Cap Rate

0.6

DSCR

$6,070

Rent

-$2,019

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,070 income − $8,089 expenses = $2,019 out of pocket

Income$6,070Out of Pocket$2,019Mortgage P&I$4,44173%Property Taxes$4107%Insurance$3245%Management$91015%CapEx$2434%Maintenance$2434%Other$1,51825%

Investment Breakdown

|

Purchase Price

$925k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$212k

Downpayment

20%

$185k

Closing costs

1%

$9,250

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,070

Total Expenses

$8,089

Mortgage P&I

73%

$4,441

Property Taxes

7%

$410

Home Insurance

5%

$324

HOA

0%

$0

Property Management

15%

$910

CapEx

4%

$243

Vacancy

0%

$0

Maintenance

4%

$243

Other

25%

$1,518

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