REI Lense

REI Lense

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$4,539 (target)

2137 Springview Drive NE, Olympia, WA 98506

3 beds • 2 baths • 1808 sqft

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This property looks like a bad Mid-Term investment with a projected -3.45% first-year return on $133k initial cash invested.

-3.45%

Cash On Cash

5.58%

Cap Rate

0.93

DSCR

$4,539

Rent

-$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,539 income − $4,920 expenses = $381 out of pocket

Income$4,539Out of Pocket$381Mortgage P&I$2,73660%Property Taxes$43610%Insurance$1964%HOA$8Management$54512%CapEx$1824%Vacancy$1363%Maintenance$1824%Other$49911%

Investment Breakdown

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Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$109k

Closing costs

1%

$5,453

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,539

Total Expenses

$4,920

Mortgage P&I

60%

$2,736

Property Taxes

10%

$436

Home Insurance

4%

$196

HOA

0%

$8

Property Management

12%

$545

CapEx

4%

$182

Vacancy

3%

$136

Maintenance

4%

$182

Other

11%

$499

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