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$5,104 (target)

3731 Vitae Springs Rd S, Salem, OR 97306

3 beds • 3 baths • 2114 sqft

$1,111,110

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This property looks like a bad Mid-Term investment with a projected -13.99% first-year return on $251k initial cash invested.

-13.99%

Cash On Cash

3.16%

Cap Rate

0.52

DSCR

$5,104

Rent

-$2,931

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,104 income − $8,035 expenses = $2,931 out of pocket

Income$5,104Out of Pocket$2,931Mortgage P&I$5,656111%Property Taxes$2565%Insurance$3898%Management$61212%CapEx$2044%Vacancy$1533%Maintenance$2044%Other$56111%

Investment Breakdown

|

Purchase Price

$1111k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$251k

Downpayment

20%

$222k

Closing costs

1%

$11,111

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,104

Total Expenses

$8,035

Mortgage P&I

111%

$5,656

Property Taxes

5%

$256

Home Insurance

8%

$389

HOA

0%

$0

Property Management

12%

$612

CapEx

4%

$204

Vacancy

3%

$153

Maintenance

4%

$204

Other

11%

$561

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