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$3,403 (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 Long-Term investment with a projected -19.45% first-year return on $233k initial cash invested.

-19.45%

Cash On Cash

2.21%

Cap Rate

0.36

DSCR

$3,403

Rent

-$3,782

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,403 income − $7,185 expenses = $3,782 out of pocket

Income$3,403Out of Pocket$3,782Mortgage P&I$5,656166%Property Taxes$2568%Insurance$38911%Management$34010%CapEx$1705%Vacancy$2046%Maintenance$1705%

Investment Breakdown

|

Purchase Price

$1111k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$233k

Downpayment

20%

$222k

Closing costs

1%

$11,111

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,403

Total Expenses

$7,185

Mortgage P&I

166%

$5,656

Property Taxes

8%

$256

Home Insurance

11%

$389

HOA

0%

$0

Property Management

10%

$340

CapEx

5%

$170

Vacancy

6%

$204

Maintenance

5%

$170

Other

0%

$0

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