REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1412 N Steele Street, Tacoma, WA 98406

3 beds • 2 baths • 1629 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.75% first-year return on $135k initial cash invested.

-8.75%

Cash On Cash

4.07%

Cap Rate

0.69

DSCR

$3,696

Rent

-$981

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$555k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$111k

Closing costs

1%

$5,548

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,696

Total Expenses

$4,677

Mortgage P&I

73%

$2,714

Property Taxes

2%

$58

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$554

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$924

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Old Town Tacoma Charm with garden and water view

$4,836

$265

3

2

0.63 mi

Old Town Tacoma Bungalow

$3,723

$204

3

2

0.39 mi

The Tranquil Craftsman - walkable North End Gem

$4,143

$227

3

1

0.08 mi

Old Town Water Views (UA)

$3,851

$211

3

1

0.36 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis