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16009 24th Street E, Lake Tapps, WA 98391

3 beds • 3 baths • 2294 sqft

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This property looks like a bad Long-Term investment with a projected -15.47% first-year return on $156k initial cash invested.

-15.47%

Cash On Cash

2.89%

Cap Rate

0.49

DSCR

$3,361

Rent

-$2,007

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$741k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$148k

Closing costs

1%

$7,412

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,361

Total Expenses

$5,368

Mortgage P&I

108%

$3,624

Property Taxes

16%

$538

Home Insurance

8%

$261

HOA

2%

$71

Property Management

10%

$336

CapEx

5%

$168

Vacancy

6%

$202

Maintenance

5%

$168

Other

0%

$0

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