10325 Morris Boulevard #Blvd, Steilacoom, WA 98388
3 beds • 2 baths • 2316 sqft
$463,500
View on ZillowThis property looks like a bad Long-Term investment with a projected -5.55% first-year return on $97,335 initial cash invested.
-5.55%
Cash On Cash
5.7%
Cap Rate
0.88
DSCR
$3,131
Rent
-$450
Cashflow
Cash Flow
$3,131 income − $3,581 expenses = $450 out of pocket
Investment Breakdown
|
Purchase Price
$464k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,335
Downpayment
20%
$92,700
Closing costs
1%
$4,635
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,131
Total Expenses
$3,581
Mortgage P&I
80%
$2,495
Property Taxes
3%
$105
Home Insurance
5%
$166
HOA
0%
$0
Property Management
10%
$313
CapEx
5%
$157
Vacancy
6%
$188
Maintenance
5%
$157
Other
0%
$0