REI Lense

REI Lense

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$2,290 (target)

4018 Lansdowne Ct NE, Salem, OR 97305

3 beds • 2 baths • 1762 sqft

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This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $94,353 initial cash invested.

-12.53%

Cash On Cash

3.59%

Cap Rate

0.61

DSCR

$2,290

Rent

-$985

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,353

Downpayment

20%

$89,860

Closing costs

1%

$4,493

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,290

Total Expenses

$3,275

Mortgage P&I

97%

$2,217

Property Taxes

13%

$306

Home Insurance

7%

$158

HOA

0%

$0

Property Management

10%

$229

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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