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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 -17.51% first-year return on $144k initial cash invested.

-17.51%

Cash On Cash

1.96%

Cap Rate

0.33

DSCR

$3,029

Rent

-$2,101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,029 income − $5,130 expenses = $2,101 out of pocket

Income$3,029Out of Pocket$2,101Mortgage P&I$2,95998%Property Taxes$50817%Insurance$2107%Management$45415%CapEx$1214%Maintenance$1214%Other$75725%

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

$3,029

Total Expenses

$5,130

Mortgage P&I

98%

$2,959

Property Taxes

17%

$508

Home Insurance

7%

$210

HOA

0%

$0

Property Management

15%

$454

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$757

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