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2261 Condor Dr, Redmond, OR 97756

3 beds • 3 baths • 1840 sqft

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This property looks like a bad Airbnb investment with a projected -21.25% first-year return on $154k initial cash invested.

-21.25%

Cash On Cash

1.22%

Cap Rate

0.2

DSCR

$3,124

Rent

-$2,732

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,124 income − $5,856 expenses = $2,732 out of pocket

Income$3,124Out of Pocket$2,732Mortgage P&I$3,268105%Property Taxes$51817%Insurance$2277%HOA$34311%Management$46915%CapEx$1254%Maintenance$1254%Other$78125%

Investment Breakdown

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Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,490

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,124

Total Expenses

$5,856

Mortgage P&I

105%

$3,268

Property Taxes

17%

$518

Home Insurance

7%

$227

HOA

11%

$343

Property Management

15%

$469

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$781

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