REI Lense

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$4,509 (target)

31845 197th Avenue SE, Kent, WA 98042

3 beds • 4 baths • 3600 sqft

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This property looks like a bad Long-Term investment with a projected -15.52% first-year return on $189k initial cash invested.

-15.52%

Cash On Cash

3.2%

Cap Rate

0.52

DSCR

$4,509

Rent

-$2,444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,509 income − $6,953 expenses = $2,444 out of pocket

Income$4,509Out of Pocket$2,444Mortgage P&I$4,616102%Property Taxes$85019%Insurance$3157%Management$45110%CapEx$2255%Vacancy$2716%Maintenance$2255%

Investment Breakdown

|

Purchase Price

$900k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$180k

Closing costs

1%

$9,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,509

Total Expenses

$6,953

Mortgage P&I

102%

$4,616

Property Taxes

19%

$850

Home Insurance

7%

$315

HOA

0%

$0

Property Management

10%

$451

CapEx

5%

$225

Vacancy

6%

$271

Maintenance

5%

$225

Other

0%

$0

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