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4682 Happy Dr NE, Salem, OR 97305

3 beds • 2 baths • 1406 sqft

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This property looks like a bad Airbnb investment with a projected -9.27% first-year return on $107k initial cash invested.

-9.27%

Cash On Cash

3.76%

Cap Rate

0.65

DSCR

$3,077

Rent

-$825

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,560

Closing costs

1%

$4,228

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,077

Total Expenses

$3,902

Mortgage P&I

66%

$2,027

Property Taxes

8%

$249

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$769

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