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$3,059 (target)

21417 Snag Island Drive E, Lake Tapps, WA 98391

3 beds • 3 baths • 4335 sqft

$1,907,100

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This property looks like a bad Long-Term investment with a projected -29.16% first-year return on $400k initial cash invested.

-29.16%

Cash On Cash

-0.02%

Cap Rate

0

DSCR

$3,059

Rent

-$9,731

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,059 income − $12,790 expenses = $9,731 out of pocket

Income$3,059Out of Pocket$9,731Mortgage P&I$9,541312%Property Taxes$1,61253%Insurance$70023%HOA$1415%Management$30610%CapEx$1535%Vacancy$1846%Maintenance$1535%

Investment Breakdown

|

Purchase Price

$1907k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$400k

Downpayment

20%

$381k

Closing costs

1%

$19,071

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,059

Total Expenses

$12,790

Mortgage P&I

312%

$9,541

Property Taxes

53%

$1,612

Home Insurance

23%

$700

HOA

5%

$141

Property Management

10%

$306

CapEx

5%

$153

Vacancy

6%

$184

Maintenance

5%

$153

Other

0%

$0

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