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10612 Lake Steilacoom Drive SW, Lakewood, WA 98498
3 beds • 2 baths • 1512 sqft
$515,500
View on ZillowThis property looks like a bad Long-Term investment with a projected -14.95% first-year return on $108k initial cash invested.
-14.95%
Cash On Cash
3.3%
Cap Rate
0.54
DSCR
$2,527
Rent
-$1,349
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,527 income − $3,876 expenses = $1,349 out of pocket
Investment Breakdown
|
Purchase Price
$516k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$103k
Closing costs
1%
$5,155
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,527
Total Expenses
$3,876
Mortgage P&I
104%
$2,639
Property Taxes
16%
$396
Home Insurance
7%
$184
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$126
Vacancy
6%
$152
Maintenance
5%
$126
Other
0%
$0