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$5,457 (target)

18404 W Spring Lake Drive SE, Renton, WA 98058

3 beds • 3 baths • 2540 sqft

$1,532,300

View on Zillow
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This property looks like a bad Mid-Term investment with a projected -22.34% first-year return on $340k initial cash invested.

-22.34%

Cash On Cash

1.58%

Cap Rate

0.25

DSCR

$5,457

Rent

-$6,326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,457 income − $11,783 expenses = $6,326 out of pocket

Income$5,457Out of Pocket$6,326Mortgage P&I$8,130149%Property Taxes$1,23823%Insurance$56010%Management$65512%CapEx$2184%Vacancy$1643%Maintenance$2184%Other$60011%

Investment Breakdown

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Purchase Price

$1532k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$340k

Downpayment

20%

$306k

Closing costs

1%

$15,323

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,457

Total Expenses

$11,783

Mortgage P&I

149%

$8,130

Property Taxes

23%

$1,238

Home Insurance

10%

$560

HOA

0%

$0

Property Management

12%

$655

CapEx

4%

$218

Vacancy

3%

$164

Maintenance

4%

$218

Other

11%

$600

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