REI Lense

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$3,092 (target)

11012 195th Avenue E, Bonney Lake, WA 98391

3 beds • 3 baths • 1620 sqft

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This property looks like a bad Long-Term investment with a projected -14.78% first-year return on $121k initial cash invested.

-14.78%

Cash On Cash

3.31%

Cap Rate

0.54

DSCR

$3,092

Rent

-$1,485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,092 income − $4,577 expenses = $1,485 out of pocket

Income$3,092Out of Pocket$1,485Mortgage P&I$2,91494%Property Taxes$64521%Insurance$2037%HOA$10Management$30910%CapEx$1555%Vacancy$1866%Maintenance$1555%

Investment Breakdown

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Purchase Price

$574k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$115k

Closing costs

1%

$5,742

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,092

Total Expenses

$4,577

Mortgage P&I

94%

$2,914

Property Taxes

21%

$645

Home Insurance

7%

$203

HOA

0%

$10

Property Management

10%

$309

CapEx

5%

$155

Vacancy

6%

$186

Maintenance

5%

$155

Other

0%

$0

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