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$3,520 (target)

1616 Alder Street SE, Lacey, WA 98503

3 beds • 2 baths • 1385 sqft

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This property looks like a bad Mid-Term investment with a projected -7.1% first-year return on $121k initial cash invested.

-7.1%

Cash On Cash

4.61%

Cap Rate

0.77

DSCR

$3,520

Rent

-$718

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,520 income − $4,238 expenses = $718 out of pocket

Income$3,520Out of Pocket$718Mortgage P&I$2,46870%Property Taxes$40011%Insurance$1735%Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%

Investment Breakdown

|

Purchase Price

$492k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,380

Closing costs

1%

$4,919

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,520

Total Expenses

$4,238

Mortgage P&I

70%

$2,468

Property Taxes

11%

$400

Home Insurance

5%

$173

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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