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643 Stanford Ave, Salinas, CA 93901

3 beds • 2 baths • 1154 sqft

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This property looks like a bad Airbnb investment with a projected -14.47% first-year return on $173k initial cash invested.

-14.47%

Cash On Cash

2.92%

Cap Rate

0.49

DSCR

$5,050

Rent

-$2,089

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,050 income − $7,139 expenses = $2,089 out of pocket

Income$5,050Out of Pocket$2,089Mortgage P&I$3,68873%Property Taxes$76515%Insurance$2625%Management$75815%CapEx$2024%Maintenance$2024%Other$1,26225%

Investment Breakdown

|

Purchase Price

$739k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$148k

Closing costs

1%

$7,390

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,050

Total Expenses

$7,139

Mortgage P&I

73%

$3,688

Property Taxes

15%

$765

Home Insurance

5%

$262

HOA

0%

$0

Property Management

15%

$758

CapEx

4%

$202

Vacancy

0%

$0

Maintenance

4%

$202

Other

25%

$1,262

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