REI Lense

REI Lense

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$2,805 (target)

270 Westridge Rd, Selah, WA 98942

3 beds • 3 baths • 2558 sqft

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This property looks like a bad Long-Term investment with a projected -13.94% first-year return on $114k initial cash invested.

-13.94%

Cash On Cash

3.57%

Cap Rate

0.58

DSCR

$2,805

Rent

-$1,327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,805 income − $4,132 expenses = $1,327 out of pocket

Income$2,805Out of Pocket$1,327Mortgage P&I$2,804100%Property Taxes$40414%Insurance$1967%Management$28010%CapEx$1405%Vacancy$1686%Maintenance$1405%

Investment Breakdown

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Purchase Price

$544k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$109k

Closing costs

1%

$5,438

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,805

Total Expenses

$4,132

Mortgage P&I

100%

$2,804

Property Taxes

14%

$404

Home Insurance

7%

$196

HOA

0%

$0

Property Management

10%

$280

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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