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22902 41st Avenue Ct E, Spanaway, WA 98387

3 beds • 1 baths • 892 sqft

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This property looks like a bad Long-Term investment with a projected -3.88% first-year return on $73,605 initial cash invested.

-3.88%

Cash On Cash

5.52%

Cap Rate

0.93

DSCR

$2,250

Rent

-$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,605

Downpayment

20%

$70,100

Closing costs

1%

$3,505

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,250

Total Expenses

$2,488

Mortgage P&I

77%

$1,738

Property Taxes

2%

$44

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

20604 52nd Avenue Ct E, Spanaway, WA 98387

$2,195

3

1

1014

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3

1

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3

1.5

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6424 217th St E, Spanaway, WA 98387

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3

2

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1.7 mi

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4

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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