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$2,499 (target)

307 E Hoffman Ave, Spokane, WA 99207

3 beds • 2 baths • 1548 sqft

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This property might be a fair Mid-Term investment with a projected 0.08% first-year return on $74,238 initial cash invested.

0.08%

Cash On Cash

6.35%

Cap Rate

1.08

DSCR

$2,499

Rent

$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,499 income − $2,494 expenses = $5 cash flow

Income$2,499Mortgage P&I$1,31253%Property Taxes$2279%Insurance$1054%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%Cash Flow$5

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,238

Downpayment

20%

$53,560

Closing costs

1%

$2,678

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,499

Total Expenses

$2,494

Mortgage P&I

53%

$1,312

Property Taxes

9%

$227

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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