REI Lense

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$2,429 (target)

401 Morrison Road, Ellensburg, WA 98926

3 beds • 2 baths • 1590 sqft

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This property looks like a bad Long-Term investment with a projected -21.79% first-year return on $192k initial cash invested.

-21.79%

Cash On Cash

1.54%

Cap Rate

0.26

DSCR

$2,429

Rent

-$3,480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,429 income − $5,909 expenses = $3,480 out of pocket

Income$2,429Out of Pocket$3,480Mortgage P&I$4,530186%Property Taxes$41017%Insurance$33814%Management$24310%CapEx$1215%Vacancy$1466%Maintenance$1215%

Investment Breakdown

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Purchase Price

$912k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$192k

Downpayment

20%

$182k

Closing costs

1%

$9,124

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,429

Total Expenses

$5,909

Mortgage P&I

187%

$4,530

Property Taxes

17%

$410

Home Insurance

14%

$338

HOA

0%

$0

Property Management

10%

$243

CapEx

5%

$121

Vacancy

6%

$146

Maintenance

5%

$121

Other

0%

$0

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