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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 Airbnb investment with a projected -24.66% first-year return on $275k initial cash invested.

-24.66%

Cash On Cash

0.71%

Cap Rate

0.12

DSCR

$2,998

Rent

-$5,656

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,998 income − $8,654 expenses = $5,656 out of pocket

Income$2,998Out of Pocket$5,656Mortgage P&I$6,258209%Property Taxes$50617%Insurance$45015%Management$45015%CapEx$1204%Maintenance$1204%Other$75025%

Investment Breakdown

|

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

$2,998

Total Expenses

$8,654

Mortgage P&I

209%

$6,258

Property Taxes

17%

$506

Home Insurance

15%

$450

HOA

0%

$0

Property Management

15%

$450

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$750

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