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838 Caribbean Ave, Salinas, CA 93905

3 beds • 2 baths • 1599 sqft

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This property looks like a bad Long-Term investment with a projected -12.16% first-year return on $131k initial cash invested.

-12.16%

Cash On Cash

3.52%

Cap Rate

0.61

DSCR

$3,269

Rent

-$1,330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$125k

Closing costs

1%

$6,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,269

Total Expenses

$4,599

Mortgage P&I

92%

$3,001

Property Taxes

16%

$530

Home Insurance

7%

$219

HOA

0%

$0

Property Management

10%

$327

CapEx

5%

$163

Vacancy

6%

$196

Maintenance

5%

$163

Other

0%

$0

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