REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1407 Lucille Parkway NW, Gig Harbor, WA 98335

3 beds • 3 baths • 3480 sqft

$1,150,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -19.57% first-year return on $260k initial cash invested.

-19.57%

Cash On Cash

1.95%

Cap Rate

0.32

DSCR

$6,126

Rent

-$4,232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,126 income − $10,358 expenses = $4,232 out of pocket

Income$6,126Out of Pocket$4,232Mortgage P&I$5,86096%Property Taxes$1,15119%Insurance$4027%HOA$4Management$91915%CapEx$2454%Maintenance$2454%Other$1,53225%

Investment Breakdown

|

Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$260k

Downpayment

20%

$230k

Closing costs

1%

$11,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,126

Total Expenses

$10,358

Mortgage P&I

96%

$5,860

Property Taxes

19%

$1,151

Home Insurance

7%

$402

HOA

0%

$4

Property Management

15%

$919

CapEx

4%

$245

Vacancy

0%

$0

Maintenance

4%

$245

Other

25%

$1,532

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis