REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$7,716 (target)

3810 Forest Beach Drive NW, Gig Harbor, WA 98335

3 beds • 3 baths • 3242 sqft

$2,094,300

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -19.45% first-year return on $458k initial cash invested.

-19.45%

Cash On Cash

1.93%

Cap Rate

0.32

DSCR

$7,716

Rent

-$7,422

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,716 income − $15,138 expenses = $7,422 out of pocket

Income$7,716Out of Pocket$7,422Mortgage P&I$10,485136%Property Taxes$1,26616%Insurance$76310%Management$92612%CapEx$3094%Vacancy$2313%Maintenance$3094%Other$84911%

Investment Breakdown

|

Purchase Price

$2094k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$458k

Downpayment

20%

$419k

Closing costs

1%

$20,943

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,716

Total Expenses

$15,138

Mortgage P&I

136%

$10,485

Property Taxes

16%

$1,266

Home Insurance

10%

$763

HOA

0%

$0

Property Management

12%

$926

CapEx

4%

$309

Vacancy

3%

$231

Maintenance

4%

$309

Other

11%

$849

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis