REI Lense

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$4,293 (target)

390 Spruce Creek Rd, Longview, WA 98632

3 beds • 3 baths • 2788 sqft

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This property looks like a bad Mid-Term investment with a projected -15.16% first-year return on $197k initial cash invested.

-15.16%

Cash On Cash

2.75%

Cap Rate

0.46

DSCR

$4,293

Rent

-$2,494

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,293 income − $6,787 expenses = $2,494 out of pocket

Income$4,293Out of Pocket$2,494Mortgage P&I$4,277100%Property Taxes$64815%Insurance$4029%Management$51512%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47211%

Investment Breakdown

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Purchase Price

$854k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$171k

Closing costs

1%

$8,542

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,293

Total Expenses

$6,787

Mortgage P&I

100%

$4,277

Property Taxes

15%

$648

Home Insurance

9%

$402

HOA

0%

$0

Property Management

12%

$515

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$472

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