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16925 Spanaway Loop Road S, Spanaway, WA 98387

4 beds • 3 baths • 2950 sqft

$1,385,500

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This property looks like a bad Long-Term investment with a projected -25.77% first-year return on $291k initial cash invested.

-25.77%

Cash On Cash

0.75%

Cap Rate

0.12

DSCR

$3,150

Rent

-$6,249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,150 income − $9,399 expenses = $6,249 out of pocket

Income$3,150Out of Pocket$6,249Mortgage P&I$6,961221%Property Taxes$1,12836%Insurance$49016%Management$31510%CapEx$1585%Vacancy$1896%Maintenance$1585%

Investment Breakdown

|

Purchase Price

$1386k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$291k

Downpayment

20%

$277k

Closing costs

1%

$13,855

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,150

Total Expenses

$9,399

Mortgage P&I

221%

$6,961

Property Taxes

36%

$1,128

Home Insurance

16%

$490

HOA

0%

$0

Property Management

10%

$315

CapEx

5%

$158

Vacancy

6%

$189

Maintenance

5%

$158

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

16302 9th Ave E, Spanaway, WA 98387

$3,075

4

3

3030

1.5 mi

16217 8th Ave E, Spanaway, WA 98387

$3,349

4

3

2858

1.5 mi

2105 184th Street Ct E, Spanaway, WA 98387

$3,100

4

2.5

2921

2.5 mi

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$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

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

Projection Charts

Investment Value YoY

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