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3420 Balsam Dr S, Salem, OR 97302

3 beds • 2 baths • 2129 sqft

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This property looks like a bad Airbnb investment with a projected -13.19% first-year return on $121k initial cash invested.

-13.19%

Cash On Cash

2.87%

Cap Rate

0.49

DSCR

$3,224

Rent

-$1,331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$491k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,200

Closing costs

1%

$4,910

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,224

Total Expenses

$4,555

Mortgage P&I

74%

$2,378

Property Taxes

14%

$454

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$806

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