REI Lense

REI Lense

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$2,940 (target)

35844 13th Avenue SW, Federal Way, WA 98023

3 beds • 2 baths • 1510 sqft

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This property looks like a bad Long-Term investment with a projected -11.89% first-year return on $113k initial cash invested.

-11.89%

Cash On Cash

3.91%

Cap Rate

0.64

DSCR

$2,940

Rent

-$1,118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,940 income − $4,058 expenses = $1,118 out of pocket

Income$2,940Out of Pocket$1,118Mortgage P&I$2,72093%Property Taxes$38513%Insurance$1896%Management$29410%CapEx$1475%Vacancy$1766%Maintenance$1475%

Investment Breakdown

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Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$107k

Closing costs

1%

$5,371

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,940

Total Expenses

$4,058

Mortgage P&I

93%

$2,720

Property Taxes

13%

$385

Home Insurance

6%

$189

HOA

0%

$0

Property Management

10%

$294

CapEx

5%

$147

Vacancy

6%

$176

Maintenance

5%

$147

Other

0%

$0

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