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2084 Mousebird Ave NW, Salem, OR 97304

3 beds • 3 baths • 2179 sqft

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This property looks like a bad Airbnb investment with a projected -21.6% first-year return on $140k initial cash invested.

-21.6%

Cash On Cash

1.11%

Cap Rate

0.18

DSCR

$2,305

Rent

-$2,513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,305 income − $4,818 expenses = $2,513 out of pocket

Income$2,305Out of Pocket$2,513Mortgage P&I$2,958128%Property Taxes$55124%Insurance$2039%Management$34615%CapEx$924%Maintenance$924%Other$57625%

Investment Breakdown

|

Purchase Price

$579k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,791

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,305

Total Expenses

$4,818

Mortgage P&I

128%

$2,958

Property Taxes

24%

$551

Home Insurance

9%

$203

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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