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$3,916 (target)

24206 38th Avenue Court E, Spanaway, WA 98387

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Mid-Term investment with a projected -4.21% first-year return on $121k initial cash invested.

-4.21%

Cash On Cash

5.32%

Cap Rate

0.89

DSCR

$3,916

Rent

-$424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,916 income − $4,340 expenses = $424 out of pocket

Income$3,916Out of Pocket$424Mortgage P&I$2,44062%Property Taxes$39610%Insurance$1724%Management$47012%CapEx$1574%Vacancy$1173%Maintenance$1574%Other$43111%

Investment Breakdown

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Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,940

Closing costs

1%

$4,897

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,916

Total Expenses

$4,340

Mortgage P&I

62%

$2,440

Property Taxes

10%

$396

Home Insurance

4%

$172

HOA

0%

$0

Property Management

12%

$470

CapEx

4%

$157

Vacancy

3%

$117

Maintenance

4%

$157

Other

11%

$431

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