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2340 Queen Ave SW, Albany, OR 97321

3 beds • 2 baths • 1604 sqft

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This property looks like a bad Airbnb investment with a projected -13.68% first-year return on $131k initial cash invested.

-13.68%

Cash On Cash

2.82%

Cap Rate

0.48

DSCR

$3,211

Rent

-$1,490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,368

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,211

Total Expenses

$4,701

Mortgage P&I

82%

$2,622

Property Taxes

11%

$346

Home Insurance

6%

$192

HOA

0%

$0

Property Management

15%

$482

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$803

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