REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2356 Red Spruce Drive SE, Pt Orchard, WA 98366

3 beds • 2 baths • 1479 sqft

Email

This property looks like a bad Airbnb investment with a projected -12.6% first-year return on $122k initial cash invested.

-12.6%

Cash On Cash

3.23%

Cap Rate

0.54

DSCR

$3,222

Rent

-$1,282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,222 income − $4,504 expenses = $1,282 out of pocket

Income$3,222Out of Pocket$1,282Mortgage P&I$2,48677%Property Taxes$2989%Insurance$1735%Management$48315%CapEx$1294%Maintenance$1294%Other$80625%

Investment Breakdown

|

Purchase Price

$496k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,140

Closing costs

1%

$4,957

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,222

Total Expenses

$4,504

Mortgage P&I

77%

$2,486

Property Taxes

9%

$298

Home Insurance

5%

$173

HOA

0%

$0

Property Management

15%

$483

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$806

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis