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$8,304 (target)

2966 NW Meldrum Ct, Bend, OR 97703

3 beds • 3 baths • 2849 sqft

$1,575,000

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This property looks like a bad Mid-Term investment with a projected -13.9% first-year return on $349k initial cash invested.

-13.9%

Cash On Cash

3.41%

Cap Rate

0.55

DSCR

$8,304

Rent

-$4,039

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,304 income − $12,343 expenses = $4,039 out of pocket

Income$8,304Out of Pocket$4,039Mortgage P&I$8,18799%Property Taxes$7619%Insurance$5517%HOA$22Management$99612%CapEx$3324%Vacancy$2493%Maintenance$3324%Other$91311%

Investment Breakdown

|

Purchase Price

$1575k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$349k

Downpayment

20%

$315k

Closing costs

1%

$15,750

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,304

Total Expenses

$12,343

Mortgage P&I

99%

$8,187

Property Taxes

9%

$761

Home Insurance

7%

$551

HOA

0%

$22

Property Management

12%

$996

CapEx

4%

$332

Vacancy

3%

$249

Maintenance

4%

$332

Other

11%

$913

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