REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,094 (target)

3020 E Ames Lake Drive NE, Redmond, WA 98053

3 beds • 3 baths • 1909 sqft

$1,102,700

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -13.01% first-year return on $250k initial cash invested.

-13.01%

Cash On Cash

3.37%

Cap Rate

0.56

DSCR

$6,094

Rent

-$2,705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,094 income − $8,799 expenses = $2,705 out of pocket

Income$6,094Out of Pocket$2,705Mortgage P&I$5,55691%Property Taxes$76913%Insurance$4027%Management$73112%CapEx$2444%Vacancy$1833%Maintenance$2444%Other$67011%

Investment Breakdown

|

Purchase Price

$1103k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$250k

Downpayment

20%

$221k

Closing costs

1%

$11,027

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,094

Total Expenses

$8,799

Mortgage P&I

91%

$5,556

Property Taxes

13%

$769

Home Insurance

7%

$402

HOA

0%

$0

Property Management

12%

$731

CapEx

4%

$244

Vacancy

3%

$183

Maintenance

4%

$244

Other

11%

$670

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis