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20115 98th Avenue S, Kent, WA 98031

4 beds • 4 baths • 3374 sqft

$1,150,700

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This property looks like a bad Long-Term investment with a projected -20.92% first-year return on $242k initial cash invested.

-20.92%

Cash On Cash

1.89%

Cap Rate

0.31

DSCR

$3,940

Rent

-$4,213

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1151k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$230k

Closing costs

1%

$11,507

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,940

Total Expenses

$8,153

Mortgage P&I

148%

$5,825

Property Taxes

21%

$826

Home Insurance

10%

$402

HOA

2%

$76

Property Management

10%

$394

CapEx

5%

$197

Vacancy

6%

$236

Maintenance

5%

$197

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

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$3,600

4

3.5

2780

1.1 mi

11435 Se 222nd St, Kent, WA 98031

$4,000

4

3

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4

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0.3 mi

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$4,500

4

2.5

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1.8 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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