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$4,308 (target)

2821 211th Avenue East, Lake Tapps, WA 98391

3 beds • 4 baths • 4402 sqft

$2,003,100

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This property looks like a bad Long-Term investment with a projected -27.26% first-year return on $421k initial cash invested.

-27.26%

Cash On Cash

0.42%

Cap Rate

0.07

DSCR

$4,308

Rent

-$9,557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,308 income − $13,865 expenses = $9,557 out of pocket

Income$4,308Out of Pocket$9,557Mortgage P&I$10,051233%Property Taxes$1,60337%Insurance$73317%HOA$3598%Management$43110%CapEx$2155%Vacancy$2586%Maintenance$2155%

Investment Breakdown

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Purchase Price

$2003k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$421k

Downpayment

20%

$401k

Closing costs

1%

$20,031

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,308

Total Expenses

$13,865

Mortgage P&I

233%

$10,051

Property Taxes

37%

$1,603

Home Insurance

17%

$733

HOA

8%

$359

Property Management

10%

$431

CapEx

5%

$215

Vacancy

6%

$258

Maintenance

5%

$215

Other

0%

$0

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