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$4,626 (target)

18319 Driftwood Drive E, Lake Tapps, WA 98391

3 beds • 3 baths • 2310 sqft

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This property looks like a bad Mid-Term investment with a projected -11.67% first-year return on $183k initial cash invested.

-11.67%

Cash On Cash

3.53%

Cap Rate

0.59

DSCR

$4,626

Rent

-$1,783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,626 income − $6,409 expenses = $1,783 out of pocket

Income$4,626Out of Pocket$1,783Mortgage P&I$3,91385%Property Taxes$60913%Insurance$2806%HOA$341%Management$55512%CapEx$1854%Vacancy$1393%Maintenance$1854%Other$50911%

Investment Breakdown

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Purchase Price

$787k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$183k

Downpayment

20%

$157k

Closing costs

1%

$7,872

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,626

Total Expenses

$6,409

Mortgage P&I

85%

$3,913

Property Taxes

13%

$609

Home Insurance

6%

$280

HOA

1%

$34

Property Management

12%

$555

CapEx

4%

$185

Vacancy

3%

$139

Maintenance

4%

$185

Other

11%

$509

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