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$4,055 (target)

31259 E Lake Morton Drive SE, Kent, WA 98042

3 beds • 3 baths • 3330 sqft

$1,438,600

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This property looks like a bad Long-Term investment with a projected -22.67% first-year return on $302k initial cash invested.

-22.67%

Cash On Cash

1.39%

Cap Rate

0.23

DSCR

$4,055

Rent

-$5,707

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,055 income − $9,762 expenses = $5,707 out of pocket

Income$4,055Out of Pocket$5,707Mortgage P&I$7,166177%Property Taxes$1,01625%Insurance$52513%Management$40610%CapEx$2035%Vacancy$2436%Maintenance$2035%

Investment Breakdown

|

Purchase Price

$1439k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$288k

Closing costs

1%

$14,386

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,055

Total Expenses

$9,762

Mortgage P&I

177%

$7,166

Property Taxes

25%

$1,016

Home Insurance

13%

$525

HOA

0%

$0

Property Management

10%

$406

CapEx

5%

$203

Vacancy

6%

$243

Maintenance

5%

$203

Other

0%

$0

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