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3343 Lawrence St SE, Salem, OR 97302

3 beds • 1 baths • 1400 sqft

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This property looks like a bad Airbnb investment with a projected -7.79% first-year return on $102k initial cash invested.

-7.79%

Cash On Cash

4.33%

Cap Rate

0.73

DSCR

$3,394

Rent

-$662

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

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,394

Total Expenses

$4,056

Mortgage P&I

58%

$1,970

Property Taxes

9%

$317

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$509

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$848

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