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21809 24th Avenue Ct E, Spanaway, WA 98387

4 beds • 3 baths • 2605 sqft

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This property looks like a bad Long-Term investment with a projected -17.29% first-year return on $141k initial cash invested.

-17.29%

Cash On Cash

2.46%

Cap Rate

0.42

DSCR

$2,880

Rent

-$2,028

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$670k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$134k

Closing costs

1%

$6,703

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,880

Total Expenses

$4,908

Mortgage P&I

113%

$3,260

Property Taxes

22%

$630

Home Insurance

8%

$244

HOA

1%

$25

Property Management

10%

$288

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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