REI Lense

REI Lense

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$2,714 (target)

13107 140th Avenue NW, Gig Harbor, WA 98329

3 beds • 2 baths • 1086 sqft

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This property looks like a bad Long-Term investment with a projected -10.57% first-year return on $99,561 initial cash invested.

-10.57%

Cash On Cash

4.13%

Cap Rate

0.69

DSCR

$2,714

Rent

-$877

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,714 income − $3,591 expenses = $877 out of pocket

Income$2,714Out of Pocket$877Mortgage P&I$2,37187%Property Taxes$30111%Insurance$1666%HOA$472%Management$27110%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

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Purchase Price

$474k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,561

Downpayment

20%

$94,820

Closing costs

1%

$4,741

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,714

Total Expenses

$3,591

Mortgage P&I

87%

$2,371

Property Taxes

11%

$301

Home Insurance

6%

$166

HOA

2%

$47

Property Management

10%

$271

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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