REI Lense

REI Lense

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$2,353 (target)

2006 Trippe St, Richland, WA 99354

3 beds • 2 baths • 1631 sqft

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This property looks like a bad Long-Term investment with a projected -7.36% first-year return on $76,608 initial cash invested.

-7.36%

Cash On Cash

4.92%

Cap Rate

0.81

DSCR

$2,353

Rent

-$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,353 income − $2,823 expenses = $470 out of pocket

Income$2,353Out of Pocket$470Mortgage P&I$1,84879%Property Taxes$23310%Insurance$1306%Management$23510%CapEx$1185%Vacancy$1416%Maintenance$1185%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,608

Downpayment

20%

$72,960

Closing costs

1%

$3,648

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,353

Total Expenses

$2,823

Mortgage P&I

79%

$1,848

Property Taxes

10%

$233

Home Insurance

6%

$130

HOA

0%

$0

Property Management

10%

$235

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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