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$6,486 (target)

6840 Burnett St SE, Salem, OR 97317

3 beds • 3 baths • 3004 sqft

$1,225,100

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This property looks like a bad Mid-Term investment with a projected -12.78% first-year return on $275k initial cash invested.

-12.78%

Cash On Cash

3.51%

Cap Rate

0.57

DSCR

$6,486

Rent

-$2,932

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,486 income − $9,418 expenses = $2,932 out of pocket

Income$6,486Out of Pocket$2,932Mortgage P&I$6,25896%Property Taxes$5068%Insurance$4507%Management$77812%CapEx$2594%Vacancy$1953%Maintenance$2594%Other$71311%

Investment Breakdown

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Purchase Price

$1225k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$275k

Downpayment

20%

$245k

Closing costs

1%

$12,251

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,486

Total Expenses

$9,418

Mortgage P&I

96%

$6,258

Property Taxes

8%

$506

Home Insurance

7%

$450

HOA

0%

$0

Property Management

12%

$778

CapEx

4%

$259

Vacancy

3%

$195

Maintenance

4%

$259

Other

11%

$713

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