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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 -14.81% first-year return on $173k initial cash invested.

-14.81%

Cash On Cash

2.84%

Cap Rate

0.47

DSCR

$4,957

Rent

-$2,137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,957 income − $7,094 expenses = $2,137 out of pocket

Income$4,957Out of Pocket$2,137Mortgage P&I$3,68874%Property Taxes$76515%Insurance$2625%Management$74415%CapEx$1984%Maintenance$1984%Other$1,23925%

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

$4,957

Total Expenses

$7,094

Mortgage P&I

74%

$3,688

Property Taxes

15%

$765

Home Insurance

5%

$262

HOA

0%

$0

Property Management

15%

$744

CapEx

4%

$198

Vacancy

0%

$0

Maintenance

4%

$198

Other

25%

$1,239

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