REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2623 NE 6th Dr, Redmond, OR 97756

3 beds • 2 baths • 1619 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.53% first-year return on $113k initial cash invested.

-16.53%

Cash On Cash

2.24%

Cap Rate

0.37

DSCR

$2,304

Rent

-$1,560

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,304 income − $3,864 expenses = $1,560 out of pocket

Income$2,304Out of Pocket$1,560Mortgage P&I$2,316101%Property Taxes$28112%Insurance$1617%Management$34615%CapEx$924%Maintenance$924%Other$57625%

Investment Breakdown

|

Purchase Price

$454k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,700

Closing costs

1%

$4,535

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,304

Total Expenses

$3,864

Mortgage P&I

101%

$2,316

Property Taxes

12%

$281

Home Insurance

7%

$161

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis