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1623 W 1st Ave, Kennewick, WA 99336

3 beds • 2 baths • 1949 sqft

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This property looks like a bad Long-Term investment with a projected -7.29% first-year return on $73,773 initial cash invested.

-7.29%

Cash On Cash

4.79%

Cap Rate

0.8

DSCR

$2,160

Rent

-$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,773

Downpayment

20%

$70,260

Closing costs

1%

$3,513

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,160

Total Expenses

$2,608

Mortgage P&I

81%

$1,742

Property Taxes

10%

$208

Home Insurance

4%

$96

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1427 W 5th Pl, Kennewick, WA 99336

$1,995

3

2

2076

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1518 W 24th Loop, Kennewick, WA 99337

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2

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1.5 mi

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$2,195

3

2

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2 mi

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$2,095

3

2

1728

1.6 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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