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$3,062 (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 Long-Term investment with a projected -15.34% first-year return on $126k initial cash invested.

-15.34%

Cash On Cash

3.24%

Cap Rate

0.53

DSCR

$3,062

Rent

-$1,606

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,062 income − $4,668 expenses = $1,606 out of pocket

Income$3,062Out of Pocket$1,606Mortgage P&I$3,069100%Property Taxes$52217%Insurance$2107%HOA$712%Management$30610%CapEx$1535%Vacancy$1846%Maintenance$1535%

Investment Breakdown

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Purchase Price

$598k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$5,983

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,062

Total Expenses

$4,668

Mortgage P&I

100%

$3,069

Property Taxes

17%

$522

Home Insurance

7%

$210

HOA

2%

$71

Property Management

10%

$306

CapEx

5%

$153

Vacancy

6%

$184

Maintenance

5%

$153

Other

0%

$0

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