REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,735 (target)

2297 Equestrian Loop S, Salem, OR 97302

3 beds • 2 baths • 1806 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.27% first-year return on $110k initial cash invested.

-14.27%

Cash On Cash

3.49%

Cap Rate

0.57

DSCR

$2,735

Rent

-$1,302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,735 income − $4,037 expenses = $1,302 out of pocket

Income$2,735Out of Pocket$1,302Mortgage P&I$2,68298%Property Taxes$45917%Insurance$1847%Management$27410%CapEx$1375%Vacancy$1646%Maintenance$1375%

Investment Breakdown

|

Purchase Price

$522k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$104k

Closing costs

1%

$5,215

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,735

Total Expenses

$4,037

Mortgage P&I

98%

$2,682

Property Taxes

17%

$459

Home Insurance

7%

$184

HOA

0%

$0

Property Management

10%

$274

CapEx

5%

$137

Vacancy

6%

$164

Maintenance

5%

$137

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis