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1647 Springhill Dr NE, Albany, OR 97321

3 beds • 3 baths • 2410 sqft

$1,161,200

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This property looks like a bad Mid-Term investment with a projected -18.01% first-year return on $262k initial cash invested.

-18.01%

Cash On Cash

2.11%

Cap Rate

0.35

DSCR

$4,498

Rent

-$3,931

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1161k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$262k

Downpayment

20%

$232k

Closing costs

1%

$11,612

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,498

Total Expenses

$8,429

Mortgage P&I

129%

$5,796

Property Taxes

15%

$683

Home Insurance

9%

$420

HOA

0%

$0

Property Management

12%

$540

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$495

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