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270 Miller St S, Salem, OR 97302

4 beds • 3 baths • 1440 sqft

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This property looks like a bad Airbnb investment with a projected -0.02% first-year return on $108k initial cash invested.

-0.02%

Cash On Cash

6.57%

Cap Rate

1.09

DSCR

$4,608

Rent

-$2

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$4,608

Total Expenses

$4,610

Mortgage P&I

44%

$2,006

Property Taxes

5%

$253

Home Insurance

3%

$140

HOA

0%

$0

Property Management

15%

$691

CapEx

4%

$184

Vacancy

0%

$0

Maintenance

4%

$184

Other

25%

$1,152

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ADR

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