REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

838 Caribbean Ave, Salinas, CA 93905

3 beds • 2 baths • 1599 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.12% first-year return on $149k initial cash invested.

-4.12%

Cash On Cash

5.16%

Cap Rate

0.89

DSCR

$4,904

Rent

-$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,904

Total Expenses

$5,416

Mortgage P&I

61%

$3,001

Property Taxes

11%

$530

Home Insurance

4%

$219

HOA

0%

$0

Property Management

12%

$588

CapEx

4%

$196

Vacancy

3%

$147

Maintenance

4%

$196

Other

11%

$539

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis