REI Lense

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$2,793 (target)

291 E Shorecrest Drive, Shelton, WA 98584

3 beds • 4 baths • 1669 sqft

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This property looks like a bad Long-Term investment with a projected -7.29% first-year return on $92,673 initial cash invested.

-7.29%

Cash On Cash

4.73%

Cap Rate

0.8

DSCR

$2,793

Rent

-$563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,793 income − $3,356 expenses = $563 out of pocket

Income$2,793Out of Pocket$563Mortgage P&I$2,16277%Property Taxes$26710%Insurance$1556%HOA$452%Management$27910%CapEx$1405%Vacancy$1686%Maintenance$1405%

Investment Breakdown

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Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,673

Downpayment

20%

$88,260

Closing costs

1%

$4,413

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,793

Total Expenses

$3,356

Mortgage P&I

77%

$2,162

Property Taxes

10%

$267

Home Insurance

6%

$155

HOA

2%

$45

Property Management

10%

$279

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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