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4217 Lakeridge Drive E, Lake Tapps, WA 98391

3 beds • 4 baths • 3408 sqft

$1,608,200

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This property looks like a bad Mid-Term investment with a projected -21.58% first-year return on $356k initial cash invested.

-21.58%

Cash On Cash

1.33%

Cap Rate

0.22

DSCR

$5,646

Rent

-$6,397

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1608k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$356k

Downpayment

20%

$322k

Closing costs

1%

$16,082

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,646

Total Expenses

$12,043

Mortgage P&I

141%

$7,957

Property Taxes

28%

$1,565

Home Insurance

10%

$559

HOA

1%

$42

Property Management

12%

$678

CapEx

4%

$226

Vacancy

3%

$169

Maintenance

4%

$226

Other

11%

$621

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