REI Lense

REI Lense

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$2,689 (target)

14309 11th Avenue S, Tacoma, WA 98444

3 beds • 2 baths • 1842 sqft

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This property looks like a bad Long-Term investment with a projected -12.38% first-year return on $95,550 initial cash invested.

-12.38%

Cash On Cash

4.01%

Cap Rate

0.64

DSCR

$2,689

Rent

-$986

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,689 income − $3,675 expenses = $986 out of pocket

Income$2,689Out of Pocket$986Mortgage P&I$2,37188%Property Taxes$44717%Insurance$1596%Management$26910%CapEx$1345%Vacancy$1616%Maintenance$1345%

Investment Breakdown

|

Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,550

Downpayment

20%

$91,000

Closing costs

1%

$4,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,689

Total Expenses

$3,675

Mortgage P&I

88%

$2,371

Property Taxes

17%

$447

Home Insurance

6%

$159

HOA

0%

$0

Property Management

10%

$269

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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