REI Lense

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$3,939 (target)

4118 E 29th Ave, Spokane, WA 99223

3 beds • 2 baths • 2372 sqft

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This property might be a fair Mid-Term investment with a projected 5.06% first-year return on $90,597 initial cash invested.

5.06%

Cash On Cash

8.04%

Cap Rate

1.3

DSCR

$3,939

Rent

$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,597

Downpayment

20%

$69,140

Closing costs

1%

$3,457

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,939

Total Expenses

$3,557

Mortgage P&I

45%

$1,776

Property Taxes

8%

$320

Home Insurance

3%

$121

HOA

0%

$0

Property Management

12%

$473

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$433

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