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21417 Snag Island Drive E, Lake Tapps, WA 98391
3 beds • 3 baths • 4335 sqft
$1,907,100
View on ZillowThis property looks like a bad Mid-Term investment with a projected -25.72% first-year return on $418k initial cash invested.
-25.72%
Cash On Cash
0.48%
Cap Rate
0.08
DSCR
$4,588
Rent
-$8,968
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,588 income − $13,556 expenses = $8,968 out of pocket
Investment Breakdown
|
Purchase Price
$1907k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$418k
Downpayment
20%
$381k
Closing costs
1%
$19,071
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,588
Total Expenses
$13,556
Mortgage P&I
208%
$9,541
Property Taxes
35%
$1,612
Home Insurance
15%
$700
HOA
3%
$141
Property Management
12%
$551
CapEx
4%
$184
Vacancy
3%
$138
Maintenance
4%
$184
Other
11%
$505