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$5,294 (target)

2110 Channel Road E, Lake Tapps, WA 98391

3 beds • 4 baths • 3680 sqft

$3,308,800

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This property looks like a bad Mid-Term investment with a projected -27.69% first-year return on $713k initial cash invested.

-27.69%

Cash On Cash

0.17%

Cap Rate

0.03

DSCR

$5,294

Rent

-$16,448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,294 income − $21,742 expenses = $16,448 out of pocket

Income$5,294Out of Pocket$16,448Mortgage P&I$16,693315%Property Taxes$2,02438%Insurance$1,22523%Management$63512%CapEx$2124%Vacancy$1593%Maintenance$2124%Other$58211%

Investment Breakdown

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Purchase Price

$3309k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$713k

Downpayment

20%

$662k

Closing costs

1%

$33,088

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,294

Total Expenses

$21,742

Mortgage P&I

315%

$16,693

Property Taxes

38%

$2,024

Home Insurance

23%

$1,225

HOA

0%

$0

Property Management

12%

$635

CapEx

4%

$212

Vacancy

3%

$159

Maintenance

4%

$212

Other

11%

$582

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