REI Lense

REI Lense

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$2,212 (target)

1913 King Street, Shelton, WA 98584

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Long-Term investment with a projected -12.16% first-year return on $82,467 initial cash invested.

-12.16%

Cash On Cash

4.04%

Cap Rate

0.65

DSCR

$2,212

Rent

-$836

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,212 income − $3,048 expenses = $836 out of pocket

Income$2,212Out of Pocket$836Mortgage P&I$2,04793%Property Taxes$28713%Insurance$1386%Management$22110%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

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Purchase Price

$393k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,467

Downpayment

20%

$78,540

Closing costs

1%

$3,927

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,212

Total Expenses

$3,048

Mortgage P&I

93%

$2,047

Property Taxes

13%

$287

Home Insurance

6%

$138

HOA

0%

$0

Property Management

10%

$221

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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