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704 Garner Ave APT 46, Salinas, CA 93905

3 beds • 2 baths • 1260 sqft

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This property might be a fair Airbnb investment with a projected 1.16% first-year return on $133k initial cash invested.

1.16%

Cash On Cash

6.87%

Cap Rate

1.15

DSCR

$7,015

Rent

$129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$548k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,484

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$7,015

Total Expenses

$6,886

Mortgage P&I

39%

$2,728

Property Taxes

8%

$594

Home Insurance

3%

$196

HOA

0%

$0

Property Management

15%

$1,052

CapEx

4%

$281

Vacancy

0%

$0

Maintenance

4%

$281

Other

25%

$1,754

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