REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,542 (target)

1485 Summer St NE, Salem, OR 97301

3 beds • 2 baths • 1955 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.3% first-year return on $115k initial cash invested.

-5.3%

Cash On Cash

5.15%

Cap Rate

0.84

DSCR

$3,542

Rent

-$508

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,542 income − $4,050 expenses = $508 out of pocket

Income$3,542Out of Pocket$508Mortgage P&I$2,34966%Property Taxes$3309%Insurance$1665%Management$42512%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$39011%

Investment Breakdown

|

Purchase Price

$462k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,380

Closing costs

1%

$4,619

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,542

Total Expenses

$4,050

Mortgage P&I

66%

$2,349

Property Taxes

9%

$330

Home Insurance

5%

$166

HOA

0%

$0

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$390

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis