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$6,462 (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 Mid-Term investment with a projected -23.2% first-year return on $439k initial cash invested.

-23.2%

Cash On Cash

1.1%

Cap Rate

0.18

DSCR

$6,462

Rent

-$8,480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,462 income − $14,942 expenses = $8,480 out of pocket

Income$6,462Out of Pocket$8,480Mortgage P&I$10,051156%Property Taxes$1,60325%Insurance$73311%HOA$3596%Management$77512%CapEx$2584%Vacancy$1943%Maintenance$2584%Other$71111%

Investment Breakdown

|

Purchase Price

$2003k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$439k

Downpayment

20%

$401k

Closing costs

1%

$20,031

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,462

Total Expenses

$14,942

Mortgage P&I

156%

$10,051

Property Taxes

25%

$1,603

Home Insurance

11%

$733

HOA

6%

$359

Property Management

12%

$775

CapEx

4%

$258

Vacancy

3%

$194

Maintenance

4%

$258

Other

11%

$711

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