REI Lense

REI Lense

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$3,854 (target)

3511 59th Street Ct, Gig Harbor, WA 98335

3 beds • 2 baths • 1898 sqft

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This property looks like a bad Mid-Term investment with a projected -14.14% first-year return on $191k initial cash invested.

-14.14%

Cash On Cash

2.78%

Cap Rate

0.48

DSCR

$3,854

Rent

-$2,253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$825k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$165k

Closing costs

1%

$8,245

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,854

Total Expenses

$6,107

Mortgage P&I

104%

$4,007

Property Taxes

13%

$491

Home Insurance

7%

$276

HOA

1%

$23

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

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