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$5,145 (target)

2142 Island Drive NW, Olympia, WA 98502

3 beds • 3 baths • 2800 sqft

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This property looks like a bad Mid-Term investment with a projected -13.23% first-year return on $210k initial cash invested.

-13.23%

Cash On Cash

3.28%

Cap Rate

0.54

DSCR

$5,145

Rent

-$2,314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,145 income − $7,459 expenses = $2,314 out of pocket

Income$5,145Out of Pocket$2,314Mortgage P&I$4,60690%Property Taxes$65513%Insurance$3226%HOA$1272%Management$61712%CapEx$2064%Vacancy$1543%Maintenance$2064%Other$56611%

Investment Breakdown

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Purchase Price

$914k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$210k

Downpayment

20%

$183k

Closing costs

1%

$9,136

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,145

Total Expenses

$7,459

Mortgage P&I

90%

$4,606

Property Taxes

13%

$655

Home Insurance

6%

$322

HOA

2%

$127

Property Management

12%

$617

CapEx

4%

$206

Vacancy

3%

$154

Maintenance

4%

$206

Other

11%

$566

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