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$6,283 (target)

2648 Fishtrap Road NE, Olympia, WA 98506

3 beds • 3 baths • 4200 sqft

$1,341,000

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This property looks like a bad Long-Term investment with a projected -16.47% first-year return on $282k initial cash invested.

-16.47%

Cash On Cash

2.83%

Cap Rate

0.47

DSCR

$6,283

Rent

-$3,866

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,283 income − $10,149 expenses = $3,866 out of pocket

Income$6,283Out of Pocket$3,866Mortgage P&I$6,712107%Property Taxes$1,31421%Insurance$4908%Management$62810%CapEx$3145%Vacancy$3776%Maintenance$3145%

Investment Breakdown

|

Purchase Price

$1341k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$282k

Downpayment

20%

$268k

Closing costs

1%

$13,410

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,283

Total Expenses

$10,149

Mortgage P&I

107%

$6,712

Property Taxes

21%

$1,314

Home Insurance

8%

$490

HOA

0%

$0

Property Management

10%

$628

CapEx

5%

$314

Vacancy

6%

$377

Maintenance

5%

$314

Other

0%

$0

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