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$5,280 (target)

20015 Island Parkway E, Lake Tapps, WA 98391

3 beds • 3 baths • 2771 sqft

$1,637,700

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This property looks like a bad Mid-Term investment with a projected -21.33% first-year return on $362k initial cash invested.

-21.33%

Cash On Cash

1.49%

Cap Rate

0.25

DSCR

$5,280

Rent

-$6,433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,280 income − $11,713 expenses = $6,433 out of pocket

Income$5,280Out of Pocket$6,433Mortgage P&I$8,254156%Property Taxes$74814%Insurance$59211%HOA$3246%Management$63412%CapEx$2114%Vacancy$1583%Maintenance$2114%Other$58111%

Investment Breakdown

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Purchase Price

$1638k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$362k

Downpayment

20%

$328k

Closing costs

1%

$16,377

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,280

Total Expenses

$11,713

Mortgage P&I

156%

$8,254

Property Taxes

14%

$748

Home Insurance

11%

$592

HOA

6%

$324

Property Management

12%

$634

CapEx

4%

$211

Vacancy

3%

$158

Maintenance

4%

$211

Other

11%

$581

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