REI Lense

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$2,376 (target)

3001 S Highlands Boulevard, West Richland, WA 99353

3 beds • 2 baths • 1508 sqft

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This property looks like a bad Long-Term investment with a projected -11.73% first-year return on $88,725 initial cash invested.

-11.73%

Cash On Cash

3.97%

Cap Rate

0.65

DSCR

$2,376

Rent

-$867

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,376 income − $3,243 expenses = $867 out of pocket

Income$2,376Out of Pocket$867Mortgage P&I$2,14590%Property Taxes$33014%Insurance$1496%Management$23810%CapEx$1195%Vacancy$1436%Maintenance$1195%

Investment Breakdown

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Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,725

Downpayment

20%

$84,500

Closing costs

1%

$4,225

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,376

Total Expenses

$3,243

Mortgage P&I

90%

$2,145

Property Taxes

14%

$330

Home Insurance

6%

$149

HOA

0%

$0

Property Management

10%

$238

CapEx

5%

$119

Vacancy

6%

$143

Maintenance

5%

$119

Other

0%

$0

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