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560 NW Merrie Dr, Corvallis, OR 97330

3 beds • 2 baths • 1588 sqft

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This property looks like a bad Airbnb investment with a projected -17.77% first-year return on $144k initial cash invested.

-17.77%

Cash On Cash

1.89%

Cap Rate

0.32

DSCR

$2,969

Rent

-$2,133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,969 income − $5,102 expenses = $2,133 out of pocket

Income$2,969Out of Pocket$2,133Mortgage P&I$2,959100%Property Taxes$50817%Insurance$2107%Management$44515%CapEx$1194%Maintenance$1194%Other$74225%

Investment Breakdown

|

Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,000

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,969

Total Expenses

$5,102

Mortgage P&I

100%

$2,959

Property Taxes

17%

$508

Home Insurance

7%

$210

HOA

0%

$0

Property Management

15%

$445

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$742

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