REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3841 Mari Lane SE, Olympia, WA 98513

3 beds • 3 baths • 2763 sqft

Email

This property looks like a bad Long-Term investment with a projected -19.65% first-year return on $185k initial cash invested.

-19.65%

Cash On Cash

1.9%

Cap Rate

0.33

DSCR

$3,000

Rent

-$3,033

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$882k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$176k

Closing costs

1%

$8,821

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,000

Total Expenses

$6,033

Mortgage P&I

143%

$4,282

Property Taxes

21%

$641

Home Insurance

10%

$298

HOA

1%

$32

Property Management

10%

$300

CapEx

5%

$150

Vacancy

6%

$180

Maintenance

5%

$150

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

3514 Long Lake Dr SE, Lacey, WA 98503

$3,400

3

3

2368

2.3 mi

9540 9th Ave SE, Lacey, WA 98513

$3,250

3

2.5

2553

2.5 mi

9741 7th Way SE, Olympia, WA 98513

$3,200

3

2.5

2553

2.7 mi

610 Rayla St SE, Lacey, WA 98513

$3,200

3

2.5

2553

2.8 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis