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$4,506 (target)

1119 Lake Vista Boulevard S, Spanaway, WA 98387

3 beds • 3 baths • 2502 sqft

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This property looks like a bad Mid-Term investment with a projected -17.1% first-year return on $223k initial cash invested.

-17.1%

Cash On Cash

2.26%

Cap Rate

0.38

DSCR

$4,506

Rent

-$3,179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,506 income − $7,685 expenses = $3,179 out of pocket

Income$4,506Out of Pocket$3,179Mortgage P&I$4,840107%Property Taxes$96521%Insurance$3488%Management$54112%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49611%

Investment Breakdown

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Purchase Price

$977k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$223k

Downpayment

20%

$195k

Closing costs

1%

$9,766

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,506

Total Expenses

$7,685

Mortgage P&I

107%

$4,840

Property Taxes

21%

$965

Home Insurance

8%

$348

HOA

0%

$0

Property Management

12%

$541

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$496

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