REI Lense

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$4,707 (target)

1701 Hemlock Drive, Camano Island, WA 98282

3 beds • 2 baths • 1473 sqft

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This property looks like a bad Mid-Term investment with a projected -5.03% first-year return on $152k initial cash invested.

-5.03%

Cash On Cash

5.06%

Cap Rate

0.86

DSCR

$4,707

Rent

-$637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,707 income − $5,344 expenses = $637 out of pocket

Income$4,707Out of Pocket$637Mortgage P&I$3,14067%Property Taxes$3247%Insurance$2245%HOA$561%Management$56512%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51811%

Investment Breakdown

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Purchase Price

$638k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$128k

Closing costs

1%

$6,384

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,707

Total Expenses

$5,344

Mortgage P&I

67%

$3,140

Property Taxes

7%

$324

Home Insurance

5%

$224

HOA

1%

$56

Property Management

12%

$565

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$518

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