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1643 York Butte Ave SE, Salem, OR 97306

4 beds • 3 baths • 2252 sqft

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This property looks like a bad Airbnb investment with a projected -10.31% first-year return on $160k initial cash invested.

-10.31%

Cash On Cash

3.66%

Cap Rate

0.63

DSCR

$4,956

Rent

-$1,374

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$647k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$129k

Closing costs

1%

$6,469

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$4,956

Total Expenses

$6,330

Mortgage P&I

64%

$3,147

Property Taxes

12%

$577

Home Insurance

5%

$228

HOA

0%

$0

Property Management

15%

$743

CapEx

4%

$198

Vacancy

0%

$0

Maintenance

4%

$198

Other

25%

$1,239

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