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$4,063 (target)

3020 E Ames Lake Drive NE, Redmond, WA 98053

3 beds • 3 baths • 1909 sqft

$1,102,700

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This property looks like a bad Long-Term investment with a projected -19.28% first-year return on $232k initial cash invested.

-19.28%

Cash On Cash

2.22%

Cap Rate

0.37

DSCR

$4,063

Rent

-$3,720

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,063 income − $7,783 expenses = $3,720 out of pocket

Income$4,063Out of Pocket$3,720Mortgage P&I$5,556137%Property Taxes$76919%Insurance$40210%Management$40610%CapEx$2035%Vacancy$2446%Maintenance$2035%

Investment Breakdown

|

Purchase Price

$1103k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$232k

Downpayment

20%

$221k

Closing costs

1%

$11,027

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,063

Total Expenses

$7,783

Mortgage P&I

137%

$5,556

Property Taxes

19%

$769

Home Insurance

10%

$402

HOA

0%

$0

Property Management

10%

$406

CapEx

5%

$203

Vacancy

6%

$244

Maintenance

5%

$203

Other

0%

$0

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