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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 Long-Term investment with a projected -13.82% first-year return on $194k initial cash invested.

-13.82%

Cash On Cash

3.12%

Cap Rate

0.54

DSCR

$3,969

Rent

-$2,237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$925k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$194k

Downpayment

20%

$185k

Closing costs

1%

$9,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,969

Total Expenses

$6,206

Mortgage P&I

112%

$4,441

Property Taxes

10%

$410

Home Insurance

8%

$324

HOA

0%

$0

Property Management

10%

$397

CapEx

5%

$198

Vacancy

6%

$238

Maintenance

5%

$198

Other

0%

$0

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