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$3,836 (target)

1522 Corum Ct NW, Salem, OR 97304

3 beds • 2 baths • 1758 sqft

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This property looks like a bad Mid-Term investment with a projected -3.94% first-year return on $115k initial cash invested.

-3.94%

Cash On Cash

5.44%

Cap Rate

0.9

DSCR

$3,836

Rent

-$377

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,836 income − $4,213 expenses = $377 out of pocket

Income$3,836Out of Pocket$377Mortgage P&I$2,31360%Property Taxes$43411%Insurance$1634%Management$46012%CapEx$1534%Vacancy$1153%Maintenance$1534%Other$42211%

Investment Breakdown

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Purchase Price

$461k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,180

Closing costs

1%

$4,609

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,836

Total Expenses

$4,213

Mortgage P&I

60%

$2,313

Property Taxes

11%

$434

Home Insurance

4%

$163

HOA

0%

$0

Property Management

12%

$460

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$422

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