REI Lense

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$4,304 (target)

6913 Flicker Dr SE, Salem, OR 97306

3 beds • 3 baths • 2714 sqft

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This property looks like a bad Mid-Term investment with a projected -9.1% first-year return on $147k initial cash invested.

-9.1%

Cash On Cash

4.1%

Cap Rate

0.69

DSCR

$4,304

Rent

-$1,115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,304 income − $5,419 expenses = $1,115 out of pocket

Income$4,304Out of Pocket$1,115Mortgage P&I$3,04471%Property Taxes$69116%Insurance$2225%Management$51612%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47311%

Investment Breakdown

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Purchase Price

$614k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,142

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,304

Total Expenses

$5,419

Mortgage P&I

71%

$3,044

Property Taxes

16%

$691

Home Insurance

5%

$222

HOA

0%

$0

Property Management

12%

$516

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$473

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