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$3,520 (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 Long-Term investment with a projected -25.52% first-year return on $344k initial cash invested.

-25.52%

Cash On Cash

0.82%

Cap Rate

0.14

DSCR

$3,520

Rent

-$7,313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,520 income − $10,833 expenses = $7,313 out of pocket

Income$3,520Out of Pocket$7,313Mortgage P&I$8,254234%Property Taxes$74821%Insurance$59217%HOA$3249%Management$35210%CapEx$1765%Vacancy$2116%Maintenance$1765%

Investment Breakdown

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Purchase Price

$1638k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$344k

Downpayment

20%

$328k

Closing costs

1%

$16,377

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,520

Total Expenses

$10,833

Mortgage P&I

234%

$8,254

Property Taxes

21%

$748

Home Insurance

17%

$592

HOA

9%

$324

Property Management

10%

$352

CapEx

5%

$176

Vacancy

6%

$211

Maintenance

5%

$176

Other

0%

$0

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