REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3321 48th Avenue Ct NE, Tacoma, WA 98422

3 beds • 3 baths • 1623 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.33% first-year return on $146k initial cash invested.

-7.33%

Cash On Cash

4.67%

Cap Rate

0.78

DSCR

$5,500

Rent

-$894

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,500 income − $6,394 expenses = $894 out of pocket

Income$5,500Out of Pocket$894Mortgage P&I$3,05255%Property Taxes$4869%Insurance$2164%Management$82515%CapEx$2204%Maintenance$2204%Other$1,37525%

Investment Breakdown

|

Purchase Price

$612k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$122k

Closing costs

1%

$6,115

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,500

Total Expenses

$6,394

Mortgage P&I

55%

$3,052

Property Taxes

9%

$486

Home Insurance

4%

$216

HOA

0%

$0

Property Management

15%

$825

CapEx

4%

$220

Vacancy

0%

$0

Maintenance

4%

$220

Other

25%

$1,375

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis