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$3,438 (target)

3605 Lakeridge Drive E, Lake Tapps, WA 98391

3 beds • 2 baths • 1692 sqft

$1,360,000

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This property looks like a bad Long-Term investment with a projected -24.21% first-year return on $286k initial cash invested.

-24.21%

Cash On Cash

1.01%

Cap Rate

0.17

DSCR

$3,438

Rent

-$5,763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,438 income − $9,201 expenses = $5,763 out of pocket

Income$3,438Out of Pocket$5,763Mortgage P&I$6,731196%Property Taxes$1,04430%Insurance$48914%HOA$431%Management$34410%CapEx$1725%Vacancy$2066%Maintenance$1725%

Investment Breakdown

|

Purchase Price

$1360k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$286k

Downpayment

20%

$272k

Closing costs

1%

$13,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,438

Total Expenses

$9,201

Mortgage P&I

196%

$6,731

Property Taxes

30%

$1,044

Home Insurance

14%

$489

HOA

1%

$43

Property Management

10%

$344

CapEx

5%

$172

Vacancy

6%

$206

Maintenance

5%

$172

Other

0%

$0

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