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$3,900 (target)

1225 202nd Street Ct E, Spanaway, WA 98387

3 beds • 3 baths • 1406 sqft

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This property looks like a bad Mid-Term investment with a projected -3.55% first-year return on $114k initial cash invested.

-3.55%

Cash On Cash

5.65%

Cap Rate

0.92

DSCR

$3,900

Rent

-$339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,900 income − $4,239 expenses = $339 out of pocket

Income$3,900Out of Pocket$339Mortgage P&I$2,34560%Property Taxes$3669%Insurance$1614%HOA$411%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%

Investment Breakdown

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Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,880

Closing costs

1%

$4,594

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,900

Total Expenses

$4,239

Mortgage P&I

60%

$2,345

Property Taxes

9%

$366

Home Insurance

4%

$161

HOA

1%

$41

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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