REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

4682 Happy Dr NE, Salem, OR 97305

3 beds • 2 baths • 1406 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.3% first-year return on $88,788 initial cash invested.

-10.3%

Cash On Cash

3.91%

Cap Rate

0.68

DSCR

$2,247

Rent

-$762

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,788

Downpayment

20%

$84,560

Closing costs

1%

$4,228

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,247

Total Expenses

$3,009

Mortgage P&I

90%

$2,027

Property Taxes

11%

$249

Home Insurance

7%

$149

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis