REI Lense

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$3,346 (target)

2623 NE 6th Dr, Redmond, OR 97756

3 beds • 2 baths • 1619 sqft

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This property looks like a bad Mid-Term investment with a projected -5.83% first-year return on $113k initial cash invested.

-5.83%

Cash On Cash

5.03%

Cap Rate

0.82

DSCR

$3,346

Rent

-$550

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,346 income − $3,896 expenses = $550 out of pocket

Income$3,346Out of Pocket$550Mortgage P&I$2,31669%Property Taxes$2818%Insurance$1615%Management$40212%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36811%

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

$3,346

Total Expenses

$3,896

Mortgage P&I

69%

$2,316

Property Taxes

8%

$281

Home Insurance

5%

$161

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

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