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$4,593 (target)

16306 24th Street E, Lake Tapps, WA 98391

3 beds • 3 baths • 1629 sqft

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This property looks like a bad Mid-Term investment with a projected -7.03% first-year return on $144k initial cash invested.

-7.03%

Cash On Cash

4.84%

Cap Rate

0.79

DSCR

$4,593

Rent

-$841

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,593 income − $5,434 expenses = $841 out of pocket

Income$4,593Out of Pocket$841Mortgage P&I$3,06967%Property Taxes$52211%Insurance$2105%HOA$712%Management$55112%CapEx$1844%Vacancy$1383%Maintenance$1844%Other$50511%

Investment Breakdown

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Purchase Price

$598k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,983

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,593

Total Expenses

$5,434

Mortgage P&I

67%

$3,069

Property Taxes

11%

$522

Home Insurance

5%

$210

HOA

2%

$71

Property Management

12%

$551

CapEx

4%

$184

Vacancy

3%

$138

Maintenance

4%

$184

Other

11%

$505

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