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Long-Term Rental Analysis
1615 E Wright Avenue, Tacoma, WA 98404
$369,0004 beds • 1 baths • 1266 sqft

This property looks like a bad Long-Term investment with a projected -13.21% first-year return on $77,490 initial cash invested.

Cash On Cash
-13.21%
Cap Rate
3.95%
Rent
$2,069
Cashflow
-$853
Rent Confidence:  High
Annual
$24,828
Median
$2,250
Avg
$2,087
Samples
25
Financing

Purchase Price  $369k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $77,490
Downpayment  $73,800
Closing costs  $3,690
Rehab  $0
Furnishing  $0
Cashflow

Total Income  $2,069
Total Expenses  $2,922
Mortgage P&I  $1,964
Property Taxes  $292
Home Insurance  $129
PManagement  $207
CapEx  $103
Vacancy  $124
Maintenance  $103
Other  $0
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