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2162 SE Kelly Ave, Gresham, OR 97080

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Airbnb investment with a projected -3.53% first-year return on $96,750 initial cash invested.

-3.53%

Cash On Cash

5.36%

Cap Rate

0.93

DSCR

$3,921

Rent

-$285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,921 income − $4,206 expenses = $285 out of pocket

Income$3,921Out of Pocket$285Mortgage P&I$1,80346%Property Taxes$39010%Insurance$1313%Management$58815%CapEx$1574%Maintenance$1574%Other$98025%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,921

Total Expenses

$4,206

Mortgage P&I

46%

$1,803

Property Taxes

10%

$390

Home Insurance

3%

$131

HOA

0%

$0

Property Management

15%

$588

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$980

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