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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 Airbnb investment with a projected -24.09% first-year return on $262k initial cash invested.

-24.09%

Cash On Cash

0.69%

Cap Rate

0.11

DSCR

$3,159

Rent

-$5,256

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

$3,159

Total Expenses

$8,415

Mortgage P&I

183%

$5,796

Property Taxes

22%

$683

Home Insurance

13%

$420

HOA

0%

$0

Property Management

15%

$474

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$790

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