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$5,796 (target)

6970 Lakeview Dr, Salinas, CA 93907

3 beds • 2 baths • 1446 sqft

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This property looks like a bad Mid-Term investment with a projected -4.62% first-year return on $191k initial cash invested.

-4.62%

Cash On Cash

5.32%

Cap Rate

0.88

DSCR

$5,796

Rent

-$737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,796 income − $6,533 expenses = $737 out of pocket

Income$5,796Out of Pocket$737Mortgage P&I$4,16072%Property Taxes$1122%Insurance$2895%Management$69612%CapEx$2324%Vacancy$1743%Maintenance$2324%Other$63811%

Investment Breakdown

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Purchase Price

$825k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$165k

Closing costs

1%

$8,250

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,796

Total Expenses

$6,533

Mortgage P&I

72%

$4,160

Property Taxes

2%

$112

Home Insurance

5%

$289

HOA

0%

$0

Property Management

12%

$696

CapEx

4%

$232

Vacancy

3%

$174

Maintenance

4%

$232

Other

11%

$638

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