REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,780 (target)

2224 N Park Rd, Spokane, WA 99212

3 beds • 2 baths • 1120 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.37% first-year return on $110k initial cash invested.

-8.37%

Cash On Cash

4.08%

Cap Rate

0.69

DSCR

$2,780

Rent

-$767

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,780 income − $3,547 expenses = $767 out of pocket

Income$2,780Out of Pocket$767Mortgage P&I$2,14677%Property Taxes$34212%Insurance$1144%Management$33412%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30611%

Investment Breakdown

|

Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,620

Closing costs

1%

$4,381

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,780

Total Expenses

$3,547

Mortgage P&I

77%

$2,146

Property Taxes

12%

$342

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$306

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis