REI Lense

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$2,641 (target)

2787 Vick Ave NW, Salem, OR 97304

3 beds • 3 baths • 2082 sqft

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This property looks like a bad Long-Term investment with a projected -13.04% first-year return on $99,267 initial cash invested.

-13.04%

Cash On Cash

3.77%

Cap Rate

0.61

DSCR

$2,641

Rent

-$1,079

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,641 income − $3,720 expenses = $1,079 out of pocket

Income$2,641Out of Pocket$1,079Mortgage P&I$2,43192%Property Taxes$43516%Insurance$1686%Management$26410%CapEx$1325%Vacancy$1586%Maintenance$1325%

Investment Breakdown

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Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,267

Downpayment

20%

$94,540

Closing costs

1%

$4,727

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,641

Total Expenses

$3,720

Mortgage P&I

92%

$2,431

Property Taxes

16%

$435

Home Insurance

6%

$168

HOA

0%

$0

Property Management

10%

$264

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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